China Rare Earth Metal Prices Chart – PrNd Price and & DyFe PriceAmanda2021-12-03T15:58:52+08:00
Since Neo magnet is made of PrNd metal, ndpr price chart can let you know recent price trend in time, which is helpful for magnet purchase. On November 23, Baotou Rare Earth Products Exchange Co., Ltd. issued a notice stating that the application submitted by Northern Rare Earth (currently the world's largest rare earth production, research, and trading base) for the suspension of special bidding transactions will take effect on November 24. This news immediately detonated the magnet industry, and all practitioners are discussing how the price of rare earth raw materials will go. On that day, the daily increase of praseodymium and neodymium metal materials exceeded RMB60,000/ton, and the ton price exceeded one million, while the last highest point was in 2011 (RMB 1.6 million per ton).