Dysprosium oxide dropped 11.6 percent, making it the biggest mover on the weekly Rare Earths MMI® this week. The past week saw samarium oxide close with a 6.2 percent decline.
Also, neodymium prices saw a 5.1 percent drop-off this week.
Yttria prices fell almost $1,000 per metric ton from a week ago. Praseodymium neodymium oxide weakened by 4.3 percent, while praseodymium oxide finished the week after falling 3.9 percent.
The price of neodymium oxide experienced a 3.3 percent decline from the previous week. Europium oxide finished the week falling 3.3 percent. Terbium metal closed out the week with a 2.5 percent drop. The price of rare earth carbonate declined 2.2 percent.
Terbium oxide prices were off slightly, down nearly $10 per kilogram from a week ago. Lanthanum oxide saw a 0.8 percent decline.
The only rare earth element tracked by the MetalMiner IndX℠ that finished with no movement this week: yttrium.
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.