China Terbium Oxide Output Declined In April

Domestic output of terbium oxide in April 2023 stood at 345,000 mt, down 36% MoM.

According to SMM survey, while the current supply of terbium oxide is sufficient, its demand is relatively poor. With sluggish rare earth downstream sectors, most of the market participants lack confidence over terbium oxide prices. At present, the prices of terbium oxide are weak. Considering that the supply of ion ore is relatively sufficient, SMM expects that the subsequent output of terbium oxide will also remain stable.

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