Yttria saw a 18.3 percent decline this week, making it the week’s biggest mover on the weekly Rare Earths MMI®. Neodymium oxide dropped 15.4 percent over the past week. The past week saw cerium oxide close after a 14.7 percent decline.
The price of terbium oxide saw a 7.4 percent decline from the previous week. Europium oxide saw a 5.7 percent drop-off. Praseodymium neodymium oxide weakened by 3.5 percent.
Dysprosium oxide saw a 3.0 percent decline over the past week. Neodymium prices held steady from the previous week. Praseodymium oxide did not change since the previous week. Prices for rare earth carbonate closed flat as well.
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.