Terbium Oxide Prices - Feb. 14, 2020

Details: Category: Tungsten's News; Published on Monday, 17 February 2020 11:21

Rare earth market quotation in China: the latest prices of terbium oxide, dysprosium oxide and praseodymium neodymium oxide were in the upward trend in the week ended on Friday February 14, 2020. For other products, their prices remained unchanged on low trading activity in the market.

Although the enthusiasm of the downstream magnetic materials companies for taking orders is not very high, due to other favorable factors, most of the holders' offers have remained firm, and even slightly increased the prices of mainstream products. The good news mainly comes from the outbreak of the coronavirus, which not only delays the resumption of work of most rare earth mining companies, but also results in a slightly sluggish logistics and raw material supply, which further boosts the confidence of traders.

Prices of rare earth products on Feb. 14, 2020

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