[SMM rare Earth Daily Review 07.29] the rare earth market is in a strong wait-and-see mood, only the terbium price is down.

Published: Jul 29, 2019 19:24

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SMM7 29 July news:

Today, the rare earth market quotation is relatively stable, some large factory quotations remain strong, and the willingness to ship at a low price is low. Last week, there was good news that some businesses had bought dysprosium oxide, leading to the depletion of low-cost dysprosium oxide in the market, and most market participants are looking forward to closing stocks in the future to boost the prices of rare earth products, and the rare earth market is in a more wait-and-see mood. Today, only terbium oxide and metal terbium prices have been reduced to 388-3.9 million yuan / ton and 507-5.13 million yuan / ton, the prices of other rare earth products have remained stable.

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