BEIJING (Asian Metal) 14 Oct 13 - Some suppliers lower dysprosium oxide offers slightly to promote deals at present, but few of consumers plan to place orders at current price levels.

A source from a separation plant whose production volume is 4tpm in South China claimed that they received rare inquiries for dysprosium oxide in October. They lower their quotation a bit to RMB2,000/kg (USD327/kg) now, down by around RMB50/kg (USD8/kg) from that of last week.

The source disclosed that end users lack confidence in current market, so they delay purchasing the material further.

A source from a smelter in South China confirmed that dysprosium oxide market remains soft with the mainstream prices hovering at RMB1,900-2,100/kg (USD310-343/kg) at present, down slightly from those of last week.Asian Metal Copyright .Asian Metal Copyright As they still have enough stocks in hand, they are not in a hurry to rebuild stocks in the near term.

“We just lower our offers for ferrodysprosium 80%min accordingly to RMB2,050-2,100/kg (USD335-343/kg) at the moment,” said the source, revealing that the plant produces 30 tons of ferrodysprosium 80%min per month.

.Asian Metal Copyright A source from a separation plant whose production volume is 4tpm in South China claimed that they received rare inquiries for dysprosium oxide in October