Rare Earths MMI®: Dysprosium Oxide Down 8.3%

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The biggest mover this week was dysprosium oxide with a 8.3 percent fall on the weekly Rare Earths MMI® to close the week at CNY 2,200 ($359.18) per kilogram. Closing at CNY 495,000 ($80,816) per metric ton for the week, praseodymium oxide rose by a slight 2.1 percent. Cerium oxide traded sideways last week, hovering around CNY 28,500 ($4,653) per metric ton.

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At CNY 4,700 ($767.34) per kilogram, the week finished with no movement for europium oxide. Closing at CNY 28,000 ($4,571) per metric ton, lanthanum oxide remained unchanged for the week. Lanthanum oxide remained essentially flat from the previous week at CNY 28,000 ($4,571) per metric ton. Following a steady week, prices for neodymium closed flat at CNY 405,000 ($66,162) per metric ton.

Prices for praseodymium neodymium oxide remained constant, closing the week at CNY 340,000 ($55,510) per metric ton. Rare earth carbonate prices held steady from the previous week at CNY 27,500 ($4,490) per metric ton. At CNY 23,000 ($3,755) per metric ton, the price of samarium oxide did not change since the previous week. Terbium metal traded sideways last week, hovering around CNY 4,700 ($767.34) per kilogram.

Terbium oxide prices held steady from the previous week at CNY 4,100 ($669.38) per kilogram. Closing at CNY 77,500 ($12,653) per metric ton, yttria remained unchanged for the week. At CNY 265.00 ($43.27) per kilogram, the week finished with no movement for yttrium.

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.