Dysprosium Oxide Price - October 26, 2022

Rare earth market quotation in China: DyFe, dysprosium oxide and praseodymium neodymium oxide prices edge higher on October 26, 2022 mainly due to the slight improvement in downstream user demand and the limited increase in the supply of raw materials. However, due to the negative atmosphere in the market, many industry players still lack confidence in the market outlook.

According to Chinatungsten Online, under the traditional peak consumption season, new energy vehicles, wind power generation and energy-saving home appliance industries are developing well, which are the main reasons for the increase in demand for rare earth functional materials such as magnetic materials and polishing materials. , geopolitical conflicts, energy crisis and other factors, it is difficult to increase the spot supply of rare earth market.

In terms of news: Customs data shows that in September 2022, my country exported 4,328 tons of rare earths, an increase of 17.80% month-on-month and a year-on-year increase of 10.41%; the export value was about 563.27 million yuan, a month-on-month decrease of 12.54% and a year-on-year increase of 71.21%. During the same period, my country exported 9,472 tons of rare earth and its products, down 0.61% month-on-month and up 1.11% year-on-year; the export value was 3,205.72 million yuan, down 11.42% month-on-month and up 39.92% year-on-year.

Prices of rare earth products on October 26, 2022

Picture of erbium oxide

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