China: Pr/Nd, Dy, tb fall on low demand

摘要

Plentiful spot supplies and continued weak demand from the magnet sector weighed on the praseodymium-neodymium, dysprosium and terbium markets following the country’s 1-8 October mid-autumn festival and national day holiday. Subdued demand and higher inventory pressure prompted suppliers to cut offer prices to secure more orders, while buyers scaled back purchases in anticipation of a further fall in prices in the near term.