Holmium Oxide Prices - April 3, 2023

Rare earth market quotation in China: holmium oxide, dysprosium oxide and terbium oxide prices edge higher on April 3, 2023. 

In addition to the fact that the current price of rare earth raw materials is at a low level, which stimulates the desire of downstream users to enter the market to a certain extent, the weather is getting warmer, and the development of rare earth downstream industries such as infrastructure, wind power and photovoltaics is accelerating, increasing the use of rare earth functional materials. It can also greatly enhance market confidence.

In terms of news: In 2022, Zhenghai Magnetic Materials will achieve an operating income of 6.32 billion yuan, a year-on-year increase of 87.52%; realize a net profit attributable to shareholders of listed companies of 404 million yuan, a year-on-year increase of 52.47%. Among them, the 2022Q4 revenue was 1.762 billion yuan, a year-on-year increase of 81.80%, and a quarter-on-quarter decrease of 2.25%; 20.87%.

Prices of rare earth products on April 3, 2023

holmium oxide price image

Picture of neodymium oxide

neodymium oxide image

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