Man, the Cer Oxide FOB China price did fall on wendsday 6% according to asian metal! This means from monday to wendsday the Cer Oxide FOB China price did fall 6% according to asian metal!
AND NOOOOOO that doesnt mean that Cer falls in 30 days 64%. That only means, Cer did fall from monday to wendsday 6%. ASK ASIAN METAL.
There was written on wendsday: Cer Oxides FOB China - 1.000 US$/tonne. According to lynas website cer has cost 16.000 US$/tonne on 22/10/12.
So we have 1- [(16.000-1.000)/16.000] = 6,25%
According to asian metals Cer FOB China did fall 1.000US$/t what means -6,25%.
Easy - or not?
new reo prices and basket price, page-14
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