Dysprosium Oxide Price - Feb. 23, 2022

China’s domestic rare earth price is stable and firm on the whole on Feb. 23, 2022. Although the current price of rare earth raw materials is relatively high, downstream users maintain a cautious attitude in buying, and transactions are sparse, but it is still difficult to offset the strong quotation brought by many favorable factors to suppliers.

According to Chinatungsten Online, the main reasons for the current small increase in rare earth prices are as follows: first, due to the low temperature and frequent rainy days, the difficulty coefficient of rare earth mining enterprises has increased, resulting in a slowdown in the release rate of rare earth raw material production capacity, which is conducive to suppliers’ quotations; second, supported by the continuous rise in the prices of crude oil, metals, agricultural products and other bulk commodities, rare earth holders are generally more aware of price support; third, limited by the total control indicators of rare earth mining and smelting separation in recent years, the industry concentration is higher, and the industry management is more standardized, which is more beneficial to the healthy operation of the entire market; With the rapid development of industries such as motors, the demand side of rare earths is expected to continue to grow.

In terms of news: this week, the listing prices of Southern Rare Earth show that gadolinium oxide price is 670,000-680,000 yuan/ton, and the middle price is raised by 10,000 yuan/ton; terbium oxide price is 15.2-15.5 million yuan/ton, and the middle price is raised 20 yuan/ton; dysprosium oxide price is 3.14-3.19 million yuan/ton, and the middle price is raised by 10,000 yuan/ton; holmium oxide price is 1.95-1.98 million yuan/ton, and the middle price is raised by 40,000 yuan/ton; erbium price is 385,000-395,000 yuan/ton, and the middle price is raised by 5,000 yuan/ton.

Prices of rare earth products on Feb. 23, 2022

Picture of cerium oxide

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