Terbium Oxide Price - December 10, 2021

This week, China’s rare earth market is generally uncertain on the whole. Under the intertwining of most favorable and unfavorable factors, the price game between buyers and sellers is fierce, and the bargaining space is limited. Therefore, the spot liquidity is low. 

At present, the prices of neodymium praseodymium oxide and neodymium praseodymium are consolidating at 860,000 yuan/ton and 1070,000 yuan/ton, respectively, and the prices of terbium oxide and dysprosium-iron alloy are around 11,200 yuan/kg and 2,920,000 yuan/ton respectively.

From the perspective of positive factors, firstly, due to the strengthening of the order rectification of the rare earth industry, the stricter energy consumption control policy and the multiple rebounds of the new crown epidemic, the production of rare earth smelting and separation enterprises is slightly difficult, so the output is not large. It is conducive to traders' quotations; second, it is supported by the rapid development of the new energy market and the continuous emergence of good news, such as the world's largest rare earth group may settle in Jiangxi Ganzhou to launch rare earth futures.

From the perspective of negative factors, first, the reopening of China-Myanmar border ports will alleviate the shortage of some products to a certain extent, which will not help the price of rare earths to rise again; second, the price of rare earth raw materials is still relatively high, causing downstream users to fear High sentiment is difficult to release, so the order growth rate is slow.

Prices of rare earth products on December 10, 2021

Picture of lanthanum oxide

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