On January 7th, the domestic ex-factory reference price of holmium oxide increased by 5,000 yuan per ton, currently quoted at 495,000–505,000 yuan per ton, with an average price of 500,000 yuan per ton. PriceSeek's analysis of holmium oxide indicates a bullish-bearish score of 1. The report highlights that the domestic ex-factory reference price of holmium oxide has risen by 5,000 yuan per ton, with the current price range at 495,000–505,000 yuan per ton and an average price of 500,000 yuan per ton. This suggests a tight supply-demand balance in the spot market, possibly driven by increased demand or constrained supply, which is favorable for spot prices. In line with the dynamics of the commodity market, the price increase is expected to boost market sentiment among bulls and enhance the activity of spot trading.
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