Yttrium Closes Week With 89% Rise

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The week’s biggest mover in rare earth metals this week was Yttrium, which saw an 89.0 percent increase. Over the past week, Samarium Oxide rose 20.0 percent. The price of Lanthanum Oxide rose 6.5 percent over the past week per metric ton. This was the third week in a row of increasing prices.

Yttria rose 6.2 percent over the past week to CNY 170,000 ($26,972) per metric ton. The price of Terbium Oxide rose 5.8 percent this week, closing out the third week at CNY 6,350 ($1,007) per kilogram. The price of Terbium Oxide rose 5.8 percent over the past week. This was the third week in a row of increasing prices. Closing out the third week of rising prices, the price of Neodymium Oxide increased by 4.4 percent.

The price of Praseodymium Oxide rose 3.8 percent this week. In the past week, the price of neodymium shot up 3.6 percent. Closing out the third week of rising prices, the price of Cerium Oxide increased by 2.3 percent. Dysprosium Oxide prices ticked up 1.1 percent over the past week.

Praseodymium Neodymium Oxide remained essentially flat from the previous week. Rare Earth Carbonate held steady from the previous week. At CNY 8,750 ($1,388) per kilogram, the price of Terbium Metal was essentially unchanged from the previous week.

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