The price of cerium varies significantly depending on its form (metal or oxide), purity, and trade terms. Current prices range from approximately $5.4 to $5.5 per kilogram for cerium metal (FOB China) to $5154 to $5299 per metric ton for cerium metal (EXW China), and $1742 to $1950 per metric ton for cerium oxides.
What is the Price of Cerium?
The pricing of cerium, like other rare earth elements, is not a single fixed value but rather a range influenced by several market factors. These factors include the specific chemical form (metal or oxide), the purity level, and the trade terms under which the material is sold.
Current Price Overview for Cerium
The following table provides a breakdown of recent price ranges for various forms and specifications of cerium:
| Commodity | Specification | Price Range (USD) |
|---|---|---|
| Cerium metal | 99% min EXW China | 5154 - 5299 per metric ton |
| Cerium metal | 99% min FOB China | 5.4 - 5.5 per kilogram |
| Cerium oxides | 99.9% min EXW China | 1742 - 1815 per metric ton |
| Cerium oxides | 99% min FOB China | 1850 - 1950 per metric ton |
Understanding the Terms:
- EXW (Ex Works) China: This price reflects the cost of the material at the seller's factory or warehouse in China. The buyer is responsible for all transportation costs and risks from that point onward.
- FOB (Free On Board) China: This price includes the cost of the material and its delivery to a designated port of shipment in China, where it is loaded onto a vessel. The buyer assumes costs and risks once the goods are on board.
- Purity (e.g., 99% min, 99.9% min): This indicates the minimum percentage of cerium in the product. Higher purity levels generally command higher prices due to the additional refining processes required.
The difference in pricing for cerium metal (e.g., EXW per metric ton versus FOB per kilogram) highlights the impact of trade terms and how prices are commonly quoted in the market. Oxide forms are generally less expensive per unit of weight than their refined metallic counterparts due to different processing requirements.
