| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Neodymium | China | FOB | USD 146,022.53/MT | May 2026 |
| Neodymium | India | CIF | USD 146,089.87/MT | May 2026 |
| Neodymium | USA | CIF | USD 146,141.72/MT | May 2026 |
| Neodymium | Brazil | CIF | USD 146,154.53/MT | May 2026 |
| Neodymium | Canada | CIF | USD 146,147.53/MT | May 2026 |
| Neodymium | China | FOB | USD 148,717.17/MT | April 2026 |
| Neodymium | India | CIF | USD 148,767.17/MT | April 2026 |
| Neodymium | USA | CIF | USD 148,804.17/MT | April 2026 |
| Neodymium | Brazil | CIF | USD 148,838.17/MT | April 2026 |
| Neodymium | Canada | CIF | USD 148,807.17/MT | April 2026 |
Stay updated with the latest neodymium prices, historical data, and tailored regional analysis
In the second quarter of 2026, the monthly average neodymium price in China was ~RMB 1,010.45/kg in April and ~RMB 992.14/kg in the subsequent month, showing a decrease of ~1.8%. Price movement remained slightly lower due to steady rare earth output and stable export flows from China, while magnet manufacturers maintained cautious procurement cycles amid balanced inventory levels. Meanwhile, the monthly average neodymium price in India was ~INR 14,187.30/kg in April and ~INR 13,931.98/kg in the subsequent month, showing a decrease of ~1.8%. Prices tracked global softness, with import parity easing due to steady availability from Asian suppliers and limited restocking from downstream magnet and electronics users. In North America, the monthly average neodymium price was ~USD 148,804.17/MT in April and ~USD 146,141.72/MT in the subsequent month, showing a decrease of ~1.8%. Stable imports and moderate demand from EV motor and renewable energy applications kept consumption steady without triggering supply tightness.
Analyst Insight
According to Procurement Resource, near-term trend for neodymium indicates continued range-bound movement with slight downside risk if downstream EV production cycles slow further.
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During the first quarter of 2026, the Neodymium price graph was primarily influenced by supply constraints and trade dynamics. China’s dominance in the global rare earth industry’s value chain has always been a major constraint in the supply of processed rare earth materials into the global market. Export control and dual-use restrictions h also impacted trade flows, especially for major consuming markets like Japan, which contributes almost 15% to global permanent magnet manufacturing capacity.
Besides these major influences, the Iran conflict had indirect effects on the pricing of Neodymium. Disturbances in major shipping routes and increased risks in the Strait of Hormuz increased freight costs, insurance costs, and transit times, thus increasing the cost of rare earth materials in the global market. Higher crude oil prices have also contributed to cost-push inflation. However, the conflict had not impacted the supply of rare earth materials in terms of volumes, and its effects were secondary in nature.
Neodymium is a component of Didymium that is often utilised for colouring glass to make welder's and glass blower's goggles. It is a soft silvery metal that oxidises in air. An electropositive element, Neodymium reacts slowly with cold water. Naturally occurring Neodymium contains a mixture of five stable isotopes and two radioisotopes.
Nd
Rare earth magnets, Anticoagulant, Electrical and electronic products, Medical science, Glass for Tanning Booths, Lasers
7440-00-8, Neodimio, Neodyme, Neodym
American Elements, Dura Magnetics, Inc., ABSCO Limited, Umicore N.V., Reade International Corp, HEFA Rare Earth Canada Co. Ltd.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Neodymium can be found in ores of other minerals such as monazite and bastnäsite, which are mined and extracted. They are the primary ores from which Neodymium is derived after refining.
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