Rare Earths MMI®: Cerium Oxide Barely Moves

by on
Style:
Category:
Metal Prices, Premium

Hovering around CNY 39,000 ($6,276) per metric ton, cerium oxide remained unaffected this week. Prices for all other metals Rare Earths MMI® also kept constant. Dysprosium oxide traded sideways last week, hovering around CNY 2,025 ($325.89) per kilogram. Europium oxide remained essentially flat from the previous week at CNY 5,500 ($885.14) per kilogram.

At CNY 34,000 ($5,472) per metric ton, the week finished with no movement for lanthanum oxide. Neodymium prices held steady from the previous week at CNY 425,000 ($68,407) per metric ton. Prices for neodymium remained constant, closing the week at CNY 425,000 ($68,407) per metric ton. At CNY 325,000 ($52,304) per metric ton, the price of neodymium oxide did not change since the previous week.

Following a steady week, prices for praseodymium oxide closed flat at CNY 367,500 ($59,143) per metric ton. Prices for rare earth carbonate remained constant, closing the week at CNY 27,500 ($4,426) per metric ton. Samarium oxide prices held steady from the previous week at CNY 47,500 ($7,644) per metric ton. Closing at CNY 7,850 ($1,263) per kilogram, terbium metal remained unchanged for the week.

Following a steady week, prices for terbium oxide closed flat at CNY 3,900 ($627.64) per kilogram. At CNY 87,500 ($14,082) per metric ton, the week finished with no movement for yttria. Yttrium traded sideways last week, hovering around CNY 400.00 ($64.37) 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.