Terbium Oxide Prices - June 3, 2020

Rare earth market quotation in China: the terbium oxide, praseodymium neodymium oxide and praseodymium neodymium oxide prices increase slightly on June 3, 2020 but the whole market trading is not high with low sentiment of market participants. 

Firstly, although the operation of foreign downstream manufacturers has basically returned to normal, due to geopolitical instability, market demand is still sluggish, and the inquiry is weak, resulting in the price of most rare earth products being low for a long time. Secondly, affected by the high cost of raw materials, the purchase and storage are in the expected stage and the spot supply has not been affected too much. Sellers are reluctant to sell their products. Besides that, due to the slight increase in listed price of South Rare Earth this week, investors' bottom-line sentiment has increased, and they have some hope for the future market.

Prices of rare earth products on June 3, 2020

terbium oxide price image

Picture of cerium oxide

cerium oxide image

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