Rare Earths MMI®: Cerium Oxide Barely Moves

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This week saw little change in prices for the Rare Earths MMI®. cerium oxide kept steady around CNY 50,000 ($8,035) per metric ton. At CNY 2,075 ($333.47) per kilogram, the week finished with no movement for dysprosium oxide. Europium oxide remained essentially flat from the previous week at CNY 5,900 ($948.18) per kilogram.

Prices for lanthanum oxide remained constant, closing the week at CNY 50,500 ($8,116) per metric ton. At CNY 425,000 ($68,059) per metric ton, the price of neodymium did not change since the previous week. Following a steady week, prices for neodymium closed flat at CNY 425,000 ($68,059) per metric ton. Neodymium oxide traded sideways last week, hovering around CNY 375,000 ($60,265) per metric ton.

Praseodymium oxide prices held steady from the previous week at CNY 375,000 ($60,265) per metric ton. Closing at CNY 32,500 ($5,223) per metric ton, rare earth carbonate remained unchanged for the week. Prices for samarium oxide remained constant, closing the week at CNY 52,500 ($8,437) per metric ton. At CNY 7,850 ($1,262) per kilogram, the week finished with no movement for terbium metal.

At CNY 3,900 ($626.76) per kilogram, the price of terbium oxide did not change since the previous week. Yttria remained essentially flat from the previous week at CNY 117,500 ($18,883) per metric ton. Yttrium prices held steady from the previous week at CNY 400.00 ($64.28) 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.