PRICING NOTICE: Discontinuation of rare earth pricing

By William Clarke
Published: Friday, 31 July 2020

Fastmarkets has today discontinued its rare earth price assessments.

Fastmarkets is discontinuing the following assessments:

  • Cerium oxide, min 99%, fob, China, $/kg, bulk
  • Dysprosium oxide, min 99%, fob, China, $/kg, bulk
  • Europium oxide, min 99%, fob, China, $/kg, bulk
  • Lanthanum oxide, min 99%, fob, China, $/kg, bulk 
  • Neodymium oxide, min 99%, fob, China, $/kg, bulk
  • Praseodymium oxide, min 99%, fob, China, $/kg, bulk
  • Samarium oxide, min 99%, fob, China, $/kg, bulk

These prices were initially suspended in November 2017 after consultation with the market. Fastmarkets has decided to discontinue these prices from today, Friday July 31, due to insufficient liquidity and transparency in these markets.

Discussions with the markets will continue on the possibility of launching new rare prices in the future.

If you have any comments on the discontinuation of these prices, please contact William Clarke by email at:  pricing@indmin.com. Please add the subject heading FAO: William Clarke, re: rare earths.

To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.indmin.com/Methodology.html.



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