Pr-Nd oxide prices rose slightly in FOB markets outside China, while domestic oxide and metal quotes remained flat. Trading activity was subdued, with downstream procurement limited to just-in-time needs, keeping overall price movement muted. The lack of new cargoes and steady supplier sentiment prevented further gains.
Neodymium oxide FOB prices fell while neodymium metal held steady, as Pr-Nd oxide futures weakness fueled wait-and-see sentiment among downstream buyers. Suppliers' willingness to hold prices firm eased, with quotes undergoing a correction amid subdued trading activity and cautious inquiry from magnetic material enterprises.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Neodymium | China | FOB | USD 142,754.20/MT | August 2026 |
| Neodymium | India | CIF | USD 142,844.99/MT | August 2026 |
| Neodymium | USA | CIF | USD 142,909.82/MT | August 2026 |
| Neodymium | Brazil | CIF | USD 142,896.63/MT | August 2026 |
| Neodymium | Canada | CIF | USD 142,920.20/MT | August 2026 |
| Neodymium | China | FOB | USD 148,191.80/MT | July 2026 |
| Neodymium | India | CIF | USD 148,298.61/MT | July 2026 |
| Neodymium | USA | CIF | USD 148,379.29/MT | July 2026 |
| Neodymium | Brazil | CIF | USD 148,363.41/MT | July 2026 |
| Neodymium | Canada | CIF | USD 148,388.80/MT | July 2026 |
Stay updated with the latest Neodymium prices, historical data, and tailored regional analysis
In China, the average price of Neodymium fell from ~USD 148,191.80/MT (FOB) in July to ~USD 142,754.20/MT in August, a decline of ~3.7%. India followed closely, with average import prices easing about 3.7% from ~USD 148,298.61/MT (CIF) to ~USD 142,844.99/MT. Prices firmed in early July, as futures gains and purchases by large magnet makers made suppliers reluctant to sell at lower levels. In August, the market weakened as downstream buyers held back and some traders sold cheaply. Export demand also slowed, including a drop in shipments to the US ahead of trade talks. Outside China, growing supply and limited demand pushed prices below the floor set in some supply agreements. The market stabilised in late August, as alloy makers were operating at a loss and motor makers returned from summer breaks. Prices then recovered in September, as suppliers held back sales and buyers placed stockpiling orders for the fourth quarter.
Analyst Insight
According to Procurement Resource, in the near term, neodymium prices are likely to firm slightly on peak-season restocking, though trade policy uncertainty may cause volatility.
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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.
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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