Magnet Price Stability
Although the high power magnet price is relatively stable & reasonable at moment in China. It still fluctuates sometimes caused by price of rare earth, such as praseodymium neodymium price and cobalt price.
Generally, powerful magnet price is the cheapest in the middle of the year and always go up around the Spring Festival.
Ferrite magnets are less subject to price fluctuations than neodymium magnets & samarium cobalt magnets because their production does not require rare earth metals.
If you need low price magnets, ferrite or ceramic is a good choice. And neodymium magnet is highly cost-effective magnet.
We know that price is very important to our customers, so as for certified manufacturer of rare earth magnet, we are also trying to optimize our manufacturing process to reduce the cost of magnet. China Magnets Source is committed to delivering magnet at reasonable prices and makes your product more competitive in the market.
Contact us today for magnet volume pricing.