Dysprosium Oxide Price - February 27, 2023

Rare earth market quotation in China: neodymium oxide, dysprosium oxide and DyFe alloy prices continue to decline on February 27, 2023 while other products prices remain stable. 

The price decline was less than that of the previous period, mainly due to the increase in the enthusiasm of some downstream magnetic material enterprises to make inquiries and purchases and the awareness of suppliers to make profits. high. According to Chinatungsten Online, the price of NdPr has been relatively stable recently due to factors such as insufficient inventory of some magnetic companies and long-term reductions in the quotations of mainstream products in the early stage, but the actual transaction volume is still relatively small, and there is still room for negotiation on the price of dysprosium and terbium products.

News: Recently, China Rare Earth Trade and China Aluminum Materials signed the "Strategic Cooperation Framework Agreement" in Ganzhou, Jiangxi. According to the agreement, the two parties will uphold the principles of equality, mutual benefit, and complementary advantages to establish a strategic cooperative relationship of close cooperation, collaborative construction, and sustainable development. Provide procurement business services, online procurement services for e-commerce platforms, and platform construction support.

Prices of rare earth products on February 27, 2023

Picture of erbium oxide

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