Rare Earths MMI®: Little Change for Cerium Oxide

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Metal Prices, Premium

Rare Earths MMI® metals had a quiet week, with cerium oxide hovering around CNY 28,500 ($4,669) per metric ton. Following a steady week, prices for dysprosium oxide closed flat at CNY 2,150 ($352.25) per kilogram. Prices for europium oxide remained constant, closing the week at CNY 4,900 ($802.80) per kilogram.

Closing at CNY 28,000 ($4,587) per metric ton, lanthanum oxide remained unchanged for the week. At CNY 450,000 ($73,549) per metric ton, the week finished with no movement for neodymium. Neodymium remained essentially flat from the previous week at CNY 450,000 ($73,549) per metric ton. At CNY 355,000 ($58,162) per metric ton, the price of neodymium oxide did not change since the previous week.

Praseodymium oxide traded sideways last week, hovering around CNY 570,000 ($93,388) per metric ton. Rare earth carbonate prices held steady from the previous week at CNY 27,500 ($4,506) per metric ton. Closing at CNY 23,000 ($3,768) per metric ton, samarium oxide remained unchanged for the week. At CNY 4,900 ($802.80) per kilogram, the week finished with no movement for terbium metal.

Terbium oxide remained essentially flat from the previous week at CNY 4,150 ($679.93) per kilogram. At CNY 80,000 ($13,107) per metric ton, the price of yttria did not change since the previous week. Yttrium traded sideways last week, hovering around CNY 280.00 ($45.87) 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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