This past week, cerium oxide dropped 1.7 percent on the Rare Earths MMI® as the big mover in the rare earth metals market. Dysprosium oxide prices held steady from the previous week, while europium oxide remained essentially flat from the previous week as well.
The 11 other rare earth price points, including neodymium, yttrium and terbium metal, all traded sideways for the week, with no notable price fluctuation.
The Rare Earths MMI® collects and weights 14 global rare earth metal price points to provide a 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.