After falling 9.2 percent, dysprosium oxide landed at CNY 1,475 ($240.26) per kilogram and making it the week’s biggest mover on the weekly Rare Earths MMI®. Praseodymium neodymium oxide prices fell to CNY 262,500 ($42,759) per metric ton, down from CNY 272,500 ($44,369) a week ago. Lanthanum oxide prices were off slightly at CNY 30,000 ($4,887) per metric ton, down from CNY 30,500 ($4,966) a week ago.
Cerium oxide traded sideways last week, hovering around CNY 29,000 ($4,724) per metric ton. At CNY 4,150 ($676.00) per kilogram, the week finished with no movement for europium oxide. Europium oxide prices held steady from the previous week at CNY 4,150 ($676.00) per kilogram. Following a steady week, prices for neodymium closed flat at CNY 425,000 ($68,407) per metric ton.
Prices for praseodymium oxide remained constant, closing the week at CNY 367,500 ($59,862) per metric ton. Rare earth carbonate remained essentially flat from the previous week at CNY 27,500 ($4,480) per metric ton. At CNY 47,500 ($7,737) per metric ton, the price of samarium oxide did not change since the previous week. Closing at CNY 7,850 ($1,279) per kilogram, terbium metal remained unchanged for the week.
Terbium oxide prices held steady from the previous week at CNY 3,150 ($513.11) per kilogram. Yttria remained essentially flat from the previous week at CNY 71,500 ($11,647) per metric ton. Closing at CNY 400.00 ($65.16) per kilogram, yttrium remained unchanged for the 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.