Rare Earths Price Index: Europium Oxide Price Drops on the Week
- Details
- Category: Rare Earth News
- Published on Wednesday, 10 April 2013 09:29
Europium oxide finished as the week’s biggest mover – and, in fact, the only mover after dropping 4.5 percent.
Cerium oxide remained unchanged for the week. The price of dysprosium oxide did not change since the previous week.
Lanthanum oxide, neodymium, neodymium oxide and samarium oxide, among others, also remained essentially flat.
Following a 25.5 percent decline in price, yttria finished the month down hard. A 13.3 percent drop over the past month hit neodymium oxide. Lanthanum oxide prices dropped by 12.8 percent this month. Samarium oxide was down 9.5 percent for the month. After falling 6.8 percent, europium oxide finished the month down as well. Cerium oxide prices fell 6.0 percent. Praseodymium oxide prices decreased by 2.0 percent, and the value of praseodymium neodymium oxide weakened by 1.6 percent. In a whole, rare earth oxides prices fell down in the past week.
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