persistently flat demand > plentiful supply

BEIJING (Info-RE) 24-May-17 China’s dysprosium oxide prices have seen weakness during the past days in response to the persistently flat demand from downstream buyers.

Market sources said that 99% dysprosium oxide is currently available about RMB1,180-1,190/kg($172-173/kg), in comparison with about RMB1,200-1,210/kg($175-176/kg) seen in the past few weeks.

Meanwhile, lower prices of about RMB1,220/kg($177/kg) for ferro-dysprosium (Dy 80%) are also being reported in the market.

The lack of good consumer buying is cited as the main reason for the decrease in dysprosium oxide prices. And the relatively ample domestic supply has also contributed to the weakness in prices.

A number of market players are still cautious about the dysprosium outlook in the coming weeks due to the flat demand and plentiful supply.

http://www.info-re.com/index.php?/shop/article/3335

DyO fallen further again, now below 1200kg, back well below August 2015 crash levels, and it is PEAK magnet season right now:



Nearly two years now since the HRE crash, Tb & Lu have both recovered slightly but DyO wallows still well below crash levels, with continuous reports of "weak demand" & "ample supply".

Been calling the demise of DyO here 4yrs or so and suggest quite vindicated.

Very difficult to understand why anyone in China would want expensive 52% TREO hard rock concentrate.

But keep up the personal stuff if it makes you feel a little better.​