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Prices Of Terbium Oxide And Alloy Decline Last Week Amid Sluggish Demand

iconApr 25, 2023 13:35
Source:SMM
SHANGHAI, Apr 25 (SMM) – The prices of terbium oxide continued to decline last week.

SHANGHAI, Apr 25 (SMM) – The prices of terbium oxide continued to decline last week. The mainstream prices of terbium oxide lost 4.4% from 9-9.1 million yuan/mt two weeks ago to 8.6-8.7 million yuan/mt last Friday, and those of terbium metal fell 7% from 12-12.1 million yuan/mt to 11.1-11.3 million yuan/mt. The prices of terbium products fell rapidly due to sluggish demand at the beginning of the week, but gradually stabilised in the second half of the week thanks to good news in the rare earth market.

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