Rare Earths MMI®: Week Closes Flat for Cerium Oxide

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Metal Prices, Premium

Prices for cerium oxide didn’t move this week, staying around CNY 27,500 ($4,480) per metric ton. Other metals on the weekly Rare Earths MMI® followed suit. At CNY 1,450 ($236.21) per kilogram, the price of dysprosium oxide did not change since the previous week. Europium oxide traded sideways last week, hovering around CNY 3,800 ($619.03) per kilogram.

Following a steady week, prices for lanthanum oxide closed flat at CNY 27,000 ($4,398) per metric ton. Neodymium remained essentially flat from the previous week at CNY 335,000 ($54,573) per metric ton. Neodymium prices held steady from the previous week at CNY 335,000 ($54,573) per metric ton. At CNY 255,000 ($41,540) per metric ton, the week finished with no movement for neodymium oxide.

Prices for praseodymium oxide remained constant, closing the week at CNY 375,000 ($61,089) per metric ton. Closing at CNY 27,500 ($4,480) per metric ton, rare earth carbonate remained unchanged for the week. Samarium oxide remained essentially flat from the previous week at CNY 23,000 ($3,747) per metric ton. At CNY 4,700 ($765.64) per kilogram, the price of terbium metal did not change since the previous week.

Terbium oxide traded sideways last week, hovering around CNY 2,900 ($472.42) per kilogram. Prices for yttria remained constant, closing the week at CNY 52,500 ($8,552) per metric ton. Yttrium prices held steady from the previous week at CNY 255.00 ($41.54) 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.

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