Rare Earths MMI®: Quiet Week Cerium Oxide

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Metal Prices, Premium

This week, Rare Earths MMI® metals traded sideways, with cerium oxide flattening at CNY 28,500 ($4,676) per metric ton. Closing at CNY 2,150 ($352.79) per kilogram, dysprosium oxide remained unchanged for the week. Europium oxide prices held steady from the previous week at CNY 4,900 ($804.02) per kilogram.

At CNY 28,000 ($4,594) per metric ton, the week finished with no movement for lanthanum oxide. Neodymium remained essentially flat 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. Following a steady week, prices for neodymium oxide closed flat at CNY 355,000 ($58,251) per metric ton.

At CNY 570,000 ($93,529) 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. Closing at CNY 23,000 ($3,774) per metric ton, samarium oxide remained unchanged for the week. At CNY 4,900 ($804.02) per kilogram, the price of terbium metal did not change since the previous week.

Following a steady week, prices for terbium oxide closed flat at CNY 4,150 ($680.96) per kilogram. Yttria remained essentially flat from the previous week at CNY 80,000 ($13,127) per metric ton. Yttrium traded sideways last week, hovering around 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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