China Dysprosium Oxide Price - Feb. 25, 2022

The overall performance of China’s domestic rare earth market is uncertain this week. Under the influence of many uncertain factors, the price game between buyers and sellers is fierce. It is mainly reflected in the stable and strong rare earth prices at the beginning of the week.

From the perspective of positive factors, first, due to the frequent extreme weather and the outbreak of the epidemic in some areas such as Inner Mongolia, the production of many rare earth smelting and separation enterprises has been restricted, which is conducive to the stability of rare earth prices; second, due to the recent intensification of geopolitical risks and high overseas inflation As a result, the prices of bulk commodities such as oil, metals, and agricultural products have risen, which has increased the production cost of rare earth raw materials to a certain extent, thus forcing suppliers to increase their awareness of price support.

From the perspective of negative factors, first, the current price of rare earth raw materials is still at a high position, so it is not conducive to large-scale purchases by downstream users. The prices of praseodymium neodymium oxide, terbium oxide and dysprosium oxide are around 1,100,000 yuan/ton, 15,400 yuan/kg and 3,140,000 yuan/ton respectively; second, the first batch of rare earth mining, smelting and separation total control indicators rose year-on-year, to a certain extent, increasing the wait-and-see psychology of buyers.

Prices of rare earth products on Feb. 25, 2022

Picture of rare earth copper alloy

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