Rare Earths MMI®: Steady Price Week for Cerium Oxide

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Hovering around CNY 28,500 ($4,676) per metric ton, cerium oxide remained unaffected this week. Prices for all other metals Rare Earths MMI® also kept constant. Closing at CNY 2,150 ($352.77) per kilogram, dysprosium oxide remained unchanged for the week. Europium oxide remained essentially flat from the previous week at CNY 4,900 ($803.99) per kilogram.

Following a steady week, prices for lanthanum oxide closed flat at CNY 28,000 ($4,594) per metric ton. Neodymium prices held steady from the previous week at CNY 450,000 ($73,549) per metric ton. Neodymium traded sideways last week, hovering around CNY 450,000 ($73,549) per metric ton. At CNY 355,000 ($58,248) per metric ton, the week finished with no movement for neodymium oxide.

At CNY 570,000 ($93,525) per metric ton, the price of praseodymium oxide did not change since the previous week. Prices for rare earth carbonate remained constant, closing the week at CNY 27,500 ($4,512) per metric ton. At CNY 23,000 ($3,774) per metric ton, the price of samarium oxide did not change since the previous week. At CNY 4,900 ($803.99) per kilogram, the week finished with no movement for terbium metal.

Terbium oxide remained essentially flat from the previous week at CNY 4,150 ($680.93) per kilogram. Closing at CNY 80,000 ($13,126) per metric ton, yttria remained unchanged for the week. Yttrium prices held steady from the previous week at CNY 280.00 ($45.94) 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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