This past week, dysprosium oxide dropped 12.2 percent on the weekly Rare Earths MMI®, making it the week’s biggest mover. Terbium oxide saw a 6.7 percent drop-off this week. The price of praseodymium oxide also decreased, down 6.1 percent from the previous week.
Cerium oxide remained essentially flat from the previous week, as did europium oxide and lanthanum oxide.
The rest of the rare earths complex tracked by MetalMiner’s pricing service kept steady.
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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.