Rare Earths MMI®: Yttria Finishes Week Up Almost 6%

by on

Closing at CNY 180,000 ($28,620) per metric ton on the Rare Earths MMI® , yttria rose 5.9 percent to finish as the week’s biggest mover in rare earth metals prices. Cerium oxide prices rose 5.7 percent over the past week to CNY 92,500 ($14,707) per metric ton. The neodymium oxide price saw a 2.5 percent decline over the past week to CNY 575,000 ($91,426) per metric ton.

Prices for dysprosium oxide remained constant, closing the week at CNY 4,650 ($739) per kilogram. Europium oxide prices held steady from the previous week at CNY 8,600 ($1,367) per kilogram. Europium oxide remained essentially flat from the previous week at CNY 8,600 ($1,367) per kilogram. At CNY 82,500 ($13,117) per metric ton, the week finished with no movement for lanthanum oxide.

Closing at CNY 440,000 ($69,961) per metric ton, praseodymium neodymium oxide remained unchanged for the week. Following a steady week, prices for praseodymium oxide closed flat at CNY 545,000 ($86,656) per metric ton. At CNY 69,000 ($10,971) per metric ton, the price of rare earth carbonate did not change since the previous week. Samarium oxide traded sideways last week, hovering around CNY 90,000 ($14,310) per metric ton.

Terbium metal remained essentially flat from the previous week at CNY 8,750 ($1,391) per kilogram. Terbium oxide prices held steady from the previous week at CNY 6,350 ($1,009) per kilogram. At CNY 690 ($109) per kilogram, the week finished with no movement for yttrium.

The Rare Earths MMI® collects and weights 14 global rare earth metal price points to provide an unique view into rare earth metal price trends. For more information on the Rare Earths MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.