Rare Earths MMI®: Cerium Oxide Holds Pat

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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 ($4,678) per metric ton. Dysprosium oxide traded sideways last week, hovering around CNY 2,150 ($352.87) per kilogram. At CNY 4,900 ($804.22) per kilogram, the week finished with no movement for europium oxide.

Following a steady week, prices for lanthanum oxide closed flat at CNY 28,000 ($4,596) per metric ton. Prices for neodymium remained constant, closing the week at CNY 450,000 ($73,549) per metric ton. Neodymium remained essentially flat from the previous week at CNY 450,000 ($73,549) per metric ton. Neodymium oxide prices held steady from the previous week at CNY 355,000 ($58,265) per metric ton.

At CNY 570,000 ($93,552) per metric ton, the price of praseodymium oxide did not change since the previous week. Rare earth carbonate remained essentially flat from the previous week at CNY 27,500 ($4,513) per metric ton. Samarium oxide traded sideways last week, hovering around CNY 23,000 ($3,775) per metric ton. At CNY 4,900 ($804.22) per kilogram, the price of terbium metal did not change since the previous week.

Closing at CNY 4,150 ($681.13) per kilogram, terbium oxide remained unchanged for the week. At CNY 80,000 ($13,130) per metric ton, the week finished with no movement for yttria. Prices for yttrium remained constant, closing the week at CNY 280.00 ($45.96) 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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