Navigating the Market: Understanding Dysprosium Price Trends

Dysprosium (Dy), a bright, silvery metallic element with a silver lustre, is one of the rare earth elements which is classed as a metal from the periodic table's lanthanide series. It is present in the minerals bastnaesite and monazite , and in other minerals like xenotime and fergusonite in smaller amounts.

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The Dy salts have slight toxicity in a liquid form and none in solid state. The metal is soft enough to be cut with a knife. It has properties like high magnetic strength, which increases at lower temperatures. Its respective melting and boiling points are 1412 °C and 2567 °C.

Key Details About the Dysprosium Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Dysprosium price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

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Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Dysprosium Price chart, including India Dysprosium price, USA Dysprosium price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Dysprosium Price Trends:

Dysprosium, at elevated temperatures, displays resistance to demagnetisation, which makes it ideal for being used in motors or generators. Owing to this, it is extensively used in electric vehicles and wind turbines, which drives the market growth. It is also used in halide discharge lamps that emit an intense white light. In addition, it is employed in nuclear power plants to control rods in reactors for the purpose of absorbing neutrons. Also, the radioactive element's compounds have applications in the formation of laser materials and phosphor activators, which in turn boosts the industry's expansion.

Key Players:
American Elements
Northern Minerals Limited
Ucore Rare Metals Inc.
News & Recent Development
8th May 2023- The domestic dysprosium terbium series prices lowered recently since the current market trade has stayed average, with the prices of metal dysprosium hitting 2.63 million RMB/ton

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