Neodymium increased 422,500 CNY/MT or 67.87% since the beginning of 2021, 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 1045000 in November of 2021. Neodymium - data, forecasts, historical chart - was last updated on December of 2021.

Neodymium is expected to trade at 843648.00 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 912522.00 in 12 months time.

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Neodymium


Price Day Month Year
Coal 157.00 5.00 3.29% 11.43% 119.89%
Bitumen 2,738.00 -80.00 -2.84% -14.65% 11.94%
Cobalt 66,150.00 350.00 0.53% 16.99% 104.23%
Lead 2,324.50 6.25 0.27% -2.94% 13.82%
Aluminum 2,654.75 -9.75 -0.37% -0.05% 31.81%
Tin 39,180.00 94.00 0.24% 5.58% 107.14%
Zinc 3,176.50 -26.00 -0.81% -3.95% 15.23%
Nickel 20,051.50 46.50 0.23% 1.73% 25.74%
Molybdenum 44.75 0 0% -0.56% 90.43%
Palladium 1,755.50 8.21 0.47% -12.21% -23.73%
Gallium 2,275.00 0 0% 8.59% 43.99%
Germanium 9,200.00 0 0% 2.22% 29.58%
Manganese 34.50 0 0% -2.82% 24.32%
Indium 1,590.00 -20.00 -1.24% -3.64% 45.87%
Soda Ash 3,312.50 -75.00 -2.21% -10.17% 111.53%
Neodymium 1,045,000.00 0 0% 16.76% 64.57%
Tellurium 475.00 0 0% -2.56% 3.26%
Iron Ore 62% fe 103.17 8.20 8.63% 3.79% -23.33%
Rhodium 14,000.00 100.00 0.72% -0.71% -13.04%


Neodymium
Neodymium is the strongest permanent magnet material yet discovered. It is widely used in microphones, professional loudspeakers, headphones, computer hard disks, electric motors and generators. It is a rare-earth mineral mostly extracted in China, the United States, Brazil, India, Sri Lanka, and Australia.