Rare Earths MMI®: Week of Sideways Trading for Cerium Oxide

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Metal Prices, Premium

This week saw little change in prices for the Rare Earths MMI®. cerium oxide kept steady around CNY 28,500 ($4,684) per metric ton. Following a steady week, prices for dysprosium oxide closed flat at CNY 2,150 ($353.37) per kilogram. Europium oxide prices held steady from the previous week at CNY 4,900 ($805.35) per kilogram.

Following a steady week, prices for lanthanum oxide closed flat at CNY 28,000 ($4,602) per metric ton. At CNY 450,000 ($73,549) per metric ton, the price of neodymium did not change since the previous week. Neodymium prices held steady from the previous week at CNY 450,000 ($73,549) per metric ton. Neodymium oxide traded sideways last week, hovering around CNY 355,000 ($58,347) per metric ton.

Praseodymium oxide remained essentially flat from the previous week at CNY 570,000 ($93,684) per metric ton. Prices for rare earth carbonate remained constant, closing the week at CNY 27,500 ($4,520) per metric ton. At CNY 23,000 ($3,780) per metric ton, the week finished with no movement for samarium oxide. Closing at CNY 4,900 ($805.35) per kilogram, terbium metal remained unchanged for the week.

Following a steady week, prices for terbium oxide closed flat at CNY 4,150 ($682.08) per kilogram. At CNY 80,000 ($13,149) per metric ton, the price of yttria did not change since the previous week. Closing at CNY 280.00 ($46.02) 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.

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