Rare earth price trends on Dec, 19th, 2023

Daily quotations for rare earth products

December 19, 2023 Unit: RMB million/tonne

Name Specifications Lowest price Maximum price Today’s average price Yesterday’s average price The amount of change
Praseodymium oxide Pr6o11+Nd203/TRE0≥99%,

Pr2o3/TRE0≥25%

43.3 45.3 44.40 44.93 -0.53
Samarium oxide Sm203/TRE099.5% 1.2 1.6 1.44 1.44 0.00
Europium oxide Eu203/TRE099.99% 18.8 20.8 19.90 19.90 0.00
Gadolinium oxide Gd203/TRE0≥99.5% 19.8 21.8 20.76 20.81 -0.05
Gd203/TRE0≥99.99% 21.5 23.7 22.61 22.81 -0.20
Dysprosium oxide Dy203/TRE0=99.5% 263 282 268.88 270.38 -1.50
Terbium oxide Tb203/TRE0≥99.99% 780 860 805.00 811.13 -6.13
Erbium oxide Er203/TRE0≥99% 26.3 28.3 27.26 27.45 -0.19
Holmium oxide Ho203/TRE0≥99.5% 45.5 48 46.88 47.38 -0.50
Yttrium oxide Y203/TRE0≥99.99% 4.3 4.7 4.45 4.45 0.00
Lutetium oxide Lu203/TRE0≥99.5% 540 570 556.25 556.25 0.00
Ytterbium oxide Yb203/TRE0  99.99% 9.1 11.1 10.12 10.12 0.00
Lanthanum oxide La203/TRE0≥99.0% 0.3 0.5 0.39 0.39 0.00
Cerium oxide Ce02/TRE0≥99.5% 0.4 0.6 0.57 0.57 0.00
Praseodymium oxide Pr6011/TRE0≥99.0% 45.3 47.3 46.33 46.33 0.00
neodymium oxide Nd203/TRE0≥99.0% 44.8 46.8 45.70 45.83 -0.13
Scandium oxide Sc203/TRE0≥99.5% 502.5 802.5 652.50 652.50 0.00
praseodymium metal TREM≥99%,Pr≥20%-25%.

Nd≥75%-80%

53.8 55.8 54.76 55.24 -0.48
Neodymium metal TREM≥99%,Nd≥99.5% 54.6 57.5 55.78 56.56 -0.78
Dysprosium iron TREM≥99.5%,Dy≥80% 253 261 257.25 258.75 -1.50
Gadolinium iron TREM≥99%,Gd≥75% 18.8 20.8 19.90 19.90 0.00
lanthanum-cerium metal TREM≥99%,Ce/TREM≥65% 1.7 2.3 1.92 1.92 0.00

Today, the dysprosium and terbium market showed a weak adjustment. Based on our understanding, although the group’s procurement is continuing, the bearish sentiment of the holders is strong, and the shipment is relatively active. Downstream demand is sluggish, and the willingness to prepare materials is low. The phenomenon of price pressure is still serious, leading to a stalemate in the transaction of dysprosium and terbium , and the transaction price remains at a low level.

At present, the mainstream prices in the dysprosium oxide market are 2600-2620 yuan/kg, with a small transaction of 2580-2600 yuan/kg. The mainstream prices in the terbium oxide market are 7650-7700 yuan/kg, with a small transaction of 7600-7650 yuan/kg.


Post time: Dec-19-2023