Terbium Oxide Price - November 20, 2020

Rare earth market quotation in China: terbium oxide, praseodymium neodymium oxide and neodymium oxide prices are in the upward trend in the week ended on Friday November 20, 2020 as downstream buyers are active in trading. 

The light rare earth market is improving. In the context of the high sentiment of downstream magnetic materials companies for receiving and stocking goods, upstream businesses generally have a strong sense of holding goods and expecting to increase, so the market price is less likely to fall in the short term. 

In the medium and heavy rare earth market, the overall performance is good. In addition to the high boom in emerging markets, which is the reason for the increased confidence of traders, the current Myanmar customs closure is still a factor that causes the shortage of domestic medium and heavy rare earth products, which is beneficial to the market. The price center has shifted upwards.

Prices of rare earth products on November 20, 2020

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Picture of cerium oxide

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