DyFe Price - Nov. 22, 2018

The latest prices of terbium oxide, neodymium oxide and DyFe edge higher compared with last trading day. At the beginning of the month, Myanmar banned Chinese enterprises from transporting rare earth mining, which led to increased concerns in domestic supply tightening. 

Last week, the Materials Industry Division discussed with six Rare Earth Groups in order to certificate in the industry, which boosted market confidence. In addition, the listing prices of Southern Rare Earth climbed earlier in this week and expectations for the demand are improved. Market participants now have strong rised mentality, but limited by actual transactions. 

Prices of rare earth products on Nov. 22, 2018

DyFe price picture

Picture of PR ND oxide

PR ND oxide picture

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