Rare Earths MMI®: Steady Price Week for Cerium Oxide

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Metal Prices, Premium

Consistent prices for Rare Earths MMI® metals continued through the week, where cerium oxide held steady at CNY 27,500 ($4,482) per metric ton. Closing at CNY 1,450 ($236.30) per kilogram, dysprosium oxide remained unchanged for the week. Europium oxide remained essentially flat from the previous week at CNY 3,800 ($619.27) per kilogram.

Prices for lanthanum oxide remained constant, closing the week at CNY 27,000 ($4,400) per metric ton. Neodymium prices held steady from the previous week at CNY 335,000 ($54,573) per metric ton. Following a steady week, prices for neodymium closed flat at CNY 335,000 ($54,573) per metric ton. Neodymium oxide traded sideways last week, hovering around CNY 255,000 ($41,556) per metric ton.

At CNY 375,000 ($61,112) per metric ton, the price of praseodymium oxide did not change since the previous week. At CNY 27,500 ($4,482) per metric ton, the week finished with no movement for rare earth carbonate. Following a steady week, prices for samarium oxide closed flat at CNY 23,000 ($3,748) per metric ton. Prices for terbium metal remained constant, closing the week at CNY 4,700 ($765.94) per kilogram.

Terbium oxide prices held steady from the previous week at CNY 2,900 ($472.60) per kilogram. At CNY 52,500 ($8,556) per metric ton, the price of yttria did not change since the previous week. Closing at CNY 255.00 ($41.56) 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.