Praseodymium Neodymium Oxide Price Up For 3rd Week on Rare Earths Index

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The biggest mover on the weekly Rare Earths MMI® was the price of praseodymium neodymium oxide, which saw a 14.7 percent increase. Last week marked the fourth in a row of rising prices for the metal.

Read MetalMiner’s recent analysis on rising rare earth metals prices.

Neodymium oxide climbed 11.7 percent. Another of the big movers this week was lanthanum oxide, which shot up 8.3 percent.

today's metal prices - MetalMiner IndXWith a 6.8 percent climb, europium oxide prices gained. A 5.6 percent jump for cerium oxide reflected an appreciation of nearly $500 per metric ton. Closing out the third week of rising prices, the price of praseodymium oxide increased by 5.1 percent.

Other rare earths prices tracked by the MetalMiner IndX℠, including neodymium, rare earth carbonate and terbium metal remained unchanged for the week.

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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