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Price adjustment of some rare earth oxides in South China dysprosium oxide and terbium rise again

iconMay 26, 2020 11:26
Source:SMM
China Southern rare Earth Group Southern rare Earth International Trading Co., Ltd. announced the latest listing prices of medium and heavy rare earth oxides, and the prices of some oxides have been adjusted.

SMM5 March 26: China Southern rare Earth Group South rare Earth International Trading Co., Ltd. announced the latest listing prices of medium and heavy rare earth oxides, and the prices of some oxides are adjusted. In terms of price changes, gadolinium oxide is listed at 165000 yuan / ton, down 2000 yuan / ton from the previous period; dysprosium oxide is listed at 1.92 million yuan / ton, up 70, 000 yuan / ton over the previous period; and terbium oxide is listed at 4.12 million yuan / ton, up 70, 000 yuan / ton. In addition, the prices of many varieties remain stable: samarium oxide 12000 yuan / ton, europium oxide 200000 yuan / ton, erbium oxide 15 yuan / ton, holmium oxide 372000 yuan / ton, ytterbium oxide 100000 yuan / ton. lutetium oxide is listed at 4.2 million yuan / ton, yttrium oxide at 20, 000 yuan / ton, and scandium oxide at 9 million yuan / ton.

SMM survey learned that in terms of medium and heavy rare earths, the prices of dysprosium oxide and terbium oxide rose sharply last week compared with last week. The recent acquisition and storage expectations have attracted much attention from the market. Myanmar's ionic rare earth ore imports are relatively low compared with the same period last year, and the market is expected to maintain a relatively low level of ionic rare earth ore imports that may be caused by the upcoming rainy season in Myanmar, the impact of tightening of rare earth mineral raw material supply and market storage expectations, upstream merchants actively raise quotations, market enquiries and transactions have warmed up. Dysprosium, terbium prices are supported by the actual transaction situation, the performance is relatively strong and rising day by day. Dysprosium oxide 193-1.95 million yuan / ton yesterday, terbium oxide quoted price 415-4.2 million yuan / ton.

 

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