Lacking demand from end users, yttrium oxide 99.999% suppliers sees few transactions further. 

A source from a separation plant in South China expressed that yttrium oxide 99.999% demand keeps slack in both domestic and export markets. “yttrium oxide price goes to RMB120,000/t (USD19,212/t) and USD30/kg FOB China respectively for domestic and overseas buyers now, down a bit compared with those of last week,” said the source. 

Terbium oxide 99.99% market sees stagnant purchasing activities as end users from phosphor powder industry delay purchasing further. Meanwhile, most suppliers hold wait-and-see attitudes towards the market in the near term.

A source from a separation plant in South China shared that terbium oxide 99.99% inquiries keep rare in the terbium oxide spot market. “We quote Terbium oxide at RMB4,500/kg (USD722/kg) at present, unchanged from that of last week,” said the source. “We think terbium oxide 99.99% market is hard to pick up this year.”

“I heard that some suppliers are willing to sell the material at RMB4,300/kg (USD690/kg) for the time being,” added the source, revealing that the plant produces around 2 tons of terbium oxide 99.99% per month.

A source from another separation plant in South China also noted that most plants don’t want to reduce terbium oxide 99.99% prices, which could be lower than RMB4,500/kg (USD722/kg) at the moment. “Phosphor powder industry fails to revive, which leads transactions to remain rare in the Terbium oxide spot market,” said the source. “However, as we stopped the production activities, we prefer to watch the market further.”

“I concluded a small deal at RMB4,500/kg (USD722/kg) with a regular client a few days ago,” added the source, revealing that the plant produces around 3 tons of terbium oxide 99.99% per month. 

Plagued by a grim economic outlook and weakened demand, neodymium oxide market continues to see rare deals and softening prices.

A source from a separation plant in South China claimed that slow demand continues to generate downwards pressure on neodymium oxide price. “We make an offer of RMB390,000/t (USD62,595/t) for the material now, down slightly compared with that of last week,” said the source. “Consumers still delay purchasing so the inquiries keep rare in the neodymium oxide spot market.”

The plant used to produce 30 tons of neodymium oxide per month. According to the source, neodymium oxide suppliers  failed to conclude deals last week.

A source from a separation plant in South China also expressed that neodymium oxide market shows no signs of rebounding with mainstream offers hovering at RMB380,000-400,000/t (USD60,990-64,200/t) at present. “Consumers have no intention to rebuild neodymium oxide stocks, which leads us to be under pressure to conclude deals,” said the source. “What’s worse, I heard that some traders even quote RMB350,000/t (USD56,175/t) for neodymium oxide price now in order to win orders”.

“The last small deal was concluded at RMB380,000/t(USD60,990/t) with a regular client last week,” added the source, revealing that the plant produces around 40 tons of neodymium oxide per month.

Praseodymium oxide market keeps quiet with mainstream Praseodymium oxide price staying relatively stable at RMB390,000-420,000/t (USD62,595-67,410/t) now, without much change compared with those of last week.

A source from a separation plant in South China disclosed that praseodymium oxide market continues to see slow activities as consumers delay purchasing further. The mainstream praseodymium oxide price are in a range of RMB390,000-420,000/t (USD62,595-67,410/t) now, with little change compared with those of last week. “Consumers still hold wait-and-see attitudes towards the market and they are cautious in placing orders in bulk,” said the source. “As a result, rare deals are concluded in the Praseodymium oxide spot market.”

According to the source, the plant used to produce around 4 tons of praseodymium oxide per month and they failed to conclude deals last week.

A source from another separation plant in South China also confirmed that prevailing offers of praseodymium oxide hover at RMB390,000-420,000/t (USD62,595-67,410/t), without much change compared with those of last week. “A grim economy and soft demand from downstream industry encourage consumers to adopt hand-to-mouth purchasing strategies,” said the source. “We just hold stocks to watch the market further because we prefer to wait for the rebounding of praseodymium oxide demand as the stocks are depleted in the near term.”

"The last small deal was concluded at RMB400,000/t (USD64,200/t) with a regular client last week,” added the source, and revealed that the plant used to produce around 5 tons of praseodymium oxide per month.

Similar with that of last week, dysprosium oxide market suffers from few deals and slack demand further. Insiders hold pessimistic attitudes towards the dysprosium oxide market in the remainder of this year.