Europium Oxide Price – Aug. 30, 2017

The price of europium oxide, terbium oxide and praseodymium neodymium oxide continues to edge lower today. In the first half of 2017, illegal exploitation and production have made the oversupply of rare earth market reversed.

 Chinese rare earth industry association secretary-general believes that the second half of the domestic rare earth supply will show policy deficiencies, and will be difficult to meet the needs of rare earth permanent magnet industry. We expect that the import volume of minerals is likely to experience substantial growth. At the same time, the relevant departments will continue to carry out reorganization of rare earth industry, while combating the manipulation of market prices and other acts.

Price of rare earth products on Aug. 30, 2017

Picture of dysprosium oxide

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