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Recently, the price of rare earths has continued to rise. Taking praseodymium and neodymium oxide, the main light rare earth species as an example, the price has exceeded the million mark. According to the statistics of my nonferrous metal network, the price released at 17:00 on February 11 reached 1.08 million / ton, and the weekly increase reached 1 million. 12%. This is also the historical second-highest price of praseodymium neodymium oxide, which is not far from the historical high of 1.275 million/ton in 2011.
The picture above shows the price trend of praseodymium neodymium metal as of February 16, 2022.
With the increase in the price of rare earth raw materials, the price of NdFeB has risen. At present, an average of 250-300 kg of Nd-Pr metal is consumed per ton of Nd-Fe-B blank, corresponding to 300-360 kg of Nd-PrO, N35 N35 square of Nd-Fe-B blank. The quotation is 300-310 yuan/kg, an increase of 17.3% this year.
At present, due to the instability of material prices, the timeliness of NdFeB quotations is short, please re-inquire when placing an order, market behavior, hope for understanding, thank you.
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