Weak demand in Chinese ferrodysprosium market

BEIJING Asian Metal 8 Mar 16 - Chinese ferrodysprosium 80%min market witnessed poor demand and limited buying activity as NdFeB magnet producers reduced the consumption in order to decrease production cost and delay purchasing. The current prices hover at RMB1,250-1,260kg USD192-194kg, without much change from those of one week ago. Suppliers have difficulty in concluding deals and lack confidence in the market. The price is supposed to slide a bit in the coming two weeks as it is hard for the demand to rebound.

http://www.asianmetal.com/news/data/1282601/Weak demand in Chinese ferrodysprosium market

"poor demand and limited buying activity as NdFeB magnet producers reduced the consumption in order to decrease production cost"

They simply don't need it for 35% of NdFeB grades, and very little for another 35% > "it is hard for the demand to rebound".

Writing's been on the wall for some time, now obvious even for Blind Freddy.