Dysprosium Oxide Price - May 24, 2021

Rare earth market quotation in China: europium oxide, neodymium oxide and dysprosium oxide prices remain weak on May 24, 2021 given the limited support of domestic and foreign favorable factors. 

The negotiation atmosphere between the supply and demand parties was slightly stale, which made it difficult to increase the price of the product and the transaction fell short of expectations. However, supported by the price of raw materials, the price of Pr, Nd, D, D, and Tb products has slowed down.

Statistics from the General Administration of Customs show that in April 2021, China’s imports of rare earth metal ore amounted to 5,644 tons, with an import value of 22.31 million U.S. dollars; imports of mixed rare earth carbonate were 459 tons, with an import value of 1.86 million U.S. dollars; The import volume of rare earth oxide is 2,287 tons, and the import value is US$80.05 million.

Prices of rare earth products on May 24, 2021

Picture of dysprosium oxide

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