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Home / Metal News / China March terbium oxide output and April forecast

China March terbium oxide output and April forecast

Apr 10, 2024 14:14

Source:SMM

China’s terbium oxide output in March was down by 1.3% MoM at 42.5 mt, primarily dragged by Jiangxi where output lost 7%.

China’s terbium oxide output in March was down by 1.3% MoM at 42.5 mt, primarily dragged by Jiangxi where output lost 7%.

Ion-absorption ore holders pledged their spot ore due to losses. In addition, Myanmar is about to enter the rainy season, and the supply of ion-absorption ore may hardly increase. Holders were reluctant to sell, tightening low-priced supplies. Some separation plants in Jiangxi slightly reduced production due to shortage of raw materials.

Output

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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