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China Southern Rare Earth keeps its offers for rare-earth oxides unchanged

iconSep 17, 2019 15:27
Source:SMM
Prices for terbium and dysprosium oxides remained unchanged for a sixth consecutive week

SHANGHAI, Sep 17 (SMM) – China Southern Rare Earth Group, one of the six, state-owned rare earth mining groups in China, this week did not change its listed prices for rare-earth oxides, according to a notice on the company's website on Monday September 16.

Prices for terbium and dysprosium oxides remained unchanged for a sixth consecutive week, at 4.12 million yuan/mt and 2.01 million yuan/mt respectively.

The quote for europium oxide stood at 270,000 yuan/mt, after declining 10,000 yuan/mt in the previous week, while that for gadolinium oxide was 182,000 yuan/mt after gaining 7,000 yuan/mt last week. The quote for samarium oxide stayed at 12,000 yuan/mt.

Listed prices stood at 370,000 yuan/mt for holmium oxide, 180,000 yuan/mt for erbium oxide, 100,000 yuan/mt for ytterbium oxide, 4.3 million yuan/mt for lutetium oxide, 20,000 yuan/mt for yttrium oxide and 9 million yuan/mt for scandium oxide.

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