Neodymium increased 80,500 CNY/MT or 22.24% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Historically, Neodymium reached an all time high of 715000 in June of 2012. Neodymium - data, forecasts, historical chart - was last updated on September of 2020.
Neodymium is expected to trade at 426525.75 CNY/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 381966.00 in 12 months time.