China Terbium Oxide Price - December 24, 2020

Rare earth market quotation in China: terbium oxide price continues to rise while other products such as praseodymium oxide and lanthanum oxide remain unchanged on December 24, 2020. 

In the light rare earth market, the buying and selling atmosphere on the market is still good. Under the background that the enthusiasm of downstream magnetic material companies to receive goods has increased compared with last week and the original inventory of some products is not very sufficient, the sales pressure of holders is not very obvious. Currently, prices are generally maintained strong.

In the China heavy rare earth market, supported by favorable factors such as the "Export Control Law" coming into effect, the expected signal of purchasing and storage and the limited export volume of Myanmar, the prices of many mainstream products have increased, but the increase has slowed slightly compared with the previous period. It is due to the lack of purchasing power of buyers.

Prices of rare earth products on December 24, 2020

Picture of neodymium oxide

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