Rare Earths MMI®: Week Closes Flat for Cerium Oxide

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This week, Rare Earths MMI® metals traded sideways, with cerium oxide flattening at CNY 50,000 ($8,024) per metric ton. Following a steady week, prices for dysprosium oxide closed flat at CNY 2,075 ($333.01) per kilogram. At CNY 5,900 ($946.88) per kilogram, the week finished with no movement for europium oxide.

At CNY 50,500 ($8,105) per metric ton, the price of lanthanum oxide did not change since the previous week. Neodymium remained essentially flat from the previous week at CNY 425,000 ($68,207) per metric ton. Neodymium prices held steady from the previous week at CNY 425,000 ($68,207) per metric ton. Prices for neodymium oxide remained constant, closing the week at CNY 375,000 ($60,183) per metric ton.

Closing at CNY 375,000 ($60,183) per metric ton, praseodymium oxide remained unchanged for the week. Rare earth carbonate traded sideways last week, hovering around CNY 32,500 ($5,216) per metric ton. Samarium oxide remained essentially flat from the previous week at CNY 52,500 ($8,426) per metric ton. Terbium metal prices held steady from the previous week at CNY 7,850 ($1,260) per kilogram.

At CNY 3,900 ($625.90) per kilogram, the week finished with no movement for terbium oxide. Prices for yttria remained constant, closing the week at CNY 117,500 ($18,857) per metric ton. At CNY 400.00 ($64.20) per kilogram, the price of yttrium did not change since 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.