FerroDysprosium up todayAccording to Asianmetals there has been a sharp increase in FeDy after the Chinese government this week changed the rules so that this kind of "mix metal" is to be included in the quota system which means you need quotas to export it.
Asianmetals was also first with the last batch of price increases as you might remember. I do not know however if Dacha will manage to show this mornings increase in their inventory the coming Monday.
Last Friday they valued FeDy at 730 usd:
https://www.dachacapital.com/Inventory/default.aspx
This price increase alone makes me change my NAV estimate from 74.5 cents to 77 cents:
FeDy
99%min Dy 80% FOB China
879.0-880.0
2011-05-20
I expect much more judging from the domestic Chinese prices of Terbium and Dysprosium that are alot higher than the international prices. In other words, even higher NAV is in the pipeline.