Prices for neodymium saw the biggest increase on the weekly Rare Earths MMI® this week, rising 5.5 percent. Prices for cerium oxide remained constant. Dysprosium oxide remained essentially flat from the previous week.
Following a steady week, prices for europium oxide closed flat. The price of lanthanum oxide did not change since the previous week. Lanthanum oxide prices held steady from the previous week, as did neodymium oxide.
Praseodymium oxide traded sideways last week. The week finished with no movement for rare earth carbonate and the price of terbium metal. Samarium oxide traded sideways last week.
The week finished with no movement for terbium oxide. Following a steady week, prices for yttria closed flat. Yttrium prices held steady from the previous 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.