Rare Earths MMI®: Week Closes Flat for Cerium Oxide

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 Along with the other metals on the weekly Rare Earths MMI®, cerium oxide saw little change in its price this week at CNY 50,000 ($7,996) per metric ton. At CNY 2,075 ($331.83) per kilogram, the week finished with no movement for dysprosium oxide. Closing at CNY 5,900 ($943.52) per kilogram, europium oxide remained unchanged for the week.

Lanthanum oxide traded sideways last week, hovering around CNY 50,500 ($8,076) per metric ton. Neodymium remained essentially flat from the previous week at CNY 425,000 ($68,341) per metric ton. Following a steady week, prices for neodymium closed flat at CNY 425,000 ($68,341) per metric ton. Neodymium oxide prices held steady from the previous week at CNY 375,000 ($59,969) per metric ton.

At CNY 375,000 ($59,969) per metric ton, the week finished with no movement for praseodymium oxide. Following a steady week, prices for rare earth carbonate closed flat at CNY 32,500 ($5,197) per metric ton. Closing at CNY 52,500 ($8,396) per metric ton, samarium oxide remained unchanged for the week. At CNY 7,850 ($1,255) per kilogram, the price of terbium metal did not change since the previous week.

Terbium oxide traded sideways last week, hovering around CNY 3,900 ($623.68) per kilogram. Yttria prices held steady from the previous week at CNY 117,500 ($18,790) per metric ton. Prices for yttrium remained constant, closing the week at CNY 400.00 ($63.97) 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.