Dysprosium Oxide Prices - December 21, 2022

Rare earth market quotation in China: dysprosium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices edge higher on December 21, 2022.

In the case of limited positive support, the confidence of suppliers in raising quotations is slightly insufficient, and supported by production costs, the willingness to lower prices to realize cash is also low, so the actual transaction volume is small.

According to Chinatungsten Online, the positive factors include: First, due to factors such as the sudden drop in temperature, the accelerated spread of the epidemic in many places, and the current poor market conditions, the output of many rare earth manufacturers has decreased, coupled with the low import volume of rare earth raw materials Second, under the continuous optimization and improvement of epidemic prevention and control measures in many places, downstream manufacturers of rare earths, such as automobile factories and electronics factories, have accelerated production. higher. The negative factors are mainly due to the current slow global economic growth and insufficient liquidity, and buyers are generally more cautious in consumption.

Prices of rare earth products on December 21, 2022

Picture of neodymium oxide

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