China’s dysprosium oxide production in December was 203 mt, down 6.2% MoM. The dip was mainly reflected in Jiangxi.
According to SMM, there were shutdown of some separation plants for maintenance in Jiangxi in December. In addition, severe losses led local scrap recyclers to lower operating rate to 30%. Therefore, dysprosium oxide production in Jiangxi shrank by 24%. Sustained dysprosium oxide price slip made buying appetites low, thereby fuelling weak trading volume in the dysprosium oxide market.
