2023 annual price trend of neodymium magnet raw materials

An overview of the annual price trend of neodymium magnet raw materials. 

The price of PrNd metal has a decisive effect on the price of Neodymium magnets, the price of DyFe alloy has a considerable influence on the cost of high coercivity Neodymium magnets, and the price of Tb metal has a considerable influence on the cost of high intrinsic coercivity and high energy Neodymium magnets.

MagnetSearcher price assessments are informed by information received from a wide cross section of market participants, including producers, consumers and intermediaries. MagnetSearcher reporters engage with the industry by proactively polling participants for market data.

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