Dysprosium Oxide Price – July 1, 2021
- Category: tungsten‘s News
- Published on Thursday, 01 July 2021 17:57
Rare earth market quotation in China: praseodymium oxide, dysprosium oxide and praseodymium neodymium oxide prices continue to decline in the first trading day in July, 2021 while some of products start to show signs of rise.
In June, the prices of Pr, Nd, Dy and Tb series products has dropped significantly, forcing suppliers to increase their profit awareness. In addition, due to the recent severe weather, the output of some rare earth mining companies has declined, which is conducive to the increase in product prices. In addition, the listed prices of Southern Rare Earths in China were basically stable this week, with a small increase in some cases, which also supported the firm's confidence in the quotes of the holders.
In June, China's Manufacturing Purchasing Managers Index (PMI) was 50.9%, a decrease of 0.1% from the previous month. In terms of enterprise scale, the PMI of large and medium-sized enterprises was 51.7% and 50.8%, respectively, a decrease of 0.1 and 0.3 percentage points from the previous month; the PMI of small enterprises was 49.1%, an increase of 0.3 percentage points from the previous month. In terms of sub-indices, the production index was 51.9%, a decrease of 0.8% from the previous month; the new order index was 51.5%, an increase of 0.2% from the previous month; the raw material inventory index was 48.0%, an increase of 0.3% from the previous month; the employee index was 49.2%, The month-on-month rebound was 0.3%; the supplier delivery time index was 47.9%, and the month-on-month rebound was 0.3%.
Prices of rare earth products on July 1, 2021
Picture of europium oxide
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