Rare Earths MMI®: Quiet Week for Cerium Oxide

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This week saw little change in prices for the Rare Earths MMI®. cerium oxide kept steady around CNY 82,500 ($13,024) per metric ton. Closing at CNY 4,800 ($757) per kilogram, dysprosium oxide remained unchanged for the week. Europium oxide traded sideways last week, hovering around CNY 8,400 ($1,326) per kilogram.

Lanthanum oxide prices held steady from the previous week at CNY 82,500 ($13,024) per metric ton. Prices for neodymium remained constant, closing the week at CNY 715,000 ($112,877) per metric ton. At CNY 715,000 ($112,877) per metric ton, the price of neodymium did not change since the previous week. Neodymium oxide remained essentially flat from the previous week at CNY 550,000 ($86,828) per metric ton.

Prices for praseodymium oxide remained constant, closing the week at CNY 530,000 ($83,671) per metric ton. Following a steady week, prices for rare earth carbonate closed flat at CNY 69,000 ($10,893) per metric ton. At CNY 90,000 ($14,208) per metric ton, the week finished with no movement for samarium oxide. At CNY 8,750 ($1,381) per kilogram, the price of terbium metal did not change since the previous week.

Terbium oxide prices held steady from the previous week at CNY 6,700 ($1,057) per kilogram. Yttria remained essentially flat from the previous week at CNY 175,000 ($27,627) per metric ton. Yttrium traded sideways last week, hovering around CNY 690 ($108) per kilogram.

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.

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