Dysprosium Oxide Price - June 19, 2023

Rare earth market quotation in China: China’s gadolinium oxide, terbium oxide, holmium oxide and dysprosium oxide prices edge lower on June 19, 2023. 

Under the influence of many uncertain factors, the prices of light and heavy rare earths and permanent magnet materials are slightly different. Specifically, the price trend of light rare earth and permanent magnet materials is relatively stable, while the price trend of heavy rare earth is adjusted downward.

In the light rare earth market, although the downstream demand is still weak, due to the reduction of production by some rare earth manufacturers in the early stage, the recent spot inventory in the market is not very large, and in order to avoid the risk of cost inversion, suppliers have a strong sense of firm quotation; the heavy rare earth market In terms of prices, the main reason for the downward adjustment of dysprosium and terbium prices is that downstream users are less motivated to purchase and suppliers have raised their quotations in the early stage.

Prices of rare earth products on June 19, 2023

Picture of erbium oxide

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