In this week, heavy rare earth price climbing speeds up.

Prices of light and heavy rare earth oxides rose by 0% and 1.75% respectively. Among the heavy rare earths: prices of dysprosium oxide, terbium oxide and europium oxide rose 4.62%, 4.62% and 1.81% respectively in a accelerated rising trend.

It is expected that the prices of heavy rare earths will keep surging in the second quarter under double stimulation of policies i.e. cracking rare earth smuggling and purchasing and storage. Moreover, the second quarter of a year is generally peak-season in rare earth demand.