Terbium Oxide Prices - March 30, 2020

The prices of terbium oxide, praseodymium oxide and praseodymium neodymium metal declined slightly on March 30, 2020. Affected by the spread of coronavirus globally, the operating rate of most new energy manufacturing companies and logistics companies have been slightly declined, resulting in a slowdown in the global economic development. Negotiations between the supply and demand sides have become more stalemate. 

Downstream users have a heavier psychological pressure on prices. Smelting companies lack confidence in price stabilization, remain high willingness to sale, and some product prices have been slightly reduced. However, due to cost support, there are still a few companies with strong market mentality and less overall transaction volume.

Prices of rare earth products on March 30, 2020

Picture of cerium oxide

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