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Raw material cycle

PrNd oxide price — daily trend

PrNd (praseodymium–neodymium oxide) is the bulk of a sintered NdFeB magnet's material cost, so its daily price is the number the whole magnet market watches. Below: the exact China domestic daily price for the last 12 months, and how it has moved over the cycle.

PrNd oxide (China) — latest daily price
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12-month high
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12-month low
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Change over 12 months
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first day of window → latest day
PrNd oxide — daily price, last 12 months (CNY/kg)
Horizontal axis: calendar months. Vertical axis: price in CNY/kg. Hover or tap any point for that day's exact price.
Data note

Daily China domestic market price for PrNd oxide, 2025-10-27 – 2026-10-26, in CNY/kg (source series quoted in CNY/tonne, divided by 1,000). For learning purposes only — not trading data. Always confirm live quotes with your supplier.

How to read the cycle

The 2021–22 spike

PrNd oxide surged from ≈ 350 CNY/kg to a record ≈ 1,284 CNY/kg in early 2022 — driven by energy prices, supply curbs and speculative buying.

The normalization (2022–2024)

Prices corrected as demand softened and inventories normalized, with PrNd settling around 400–500 CNY/kg.

The 2025–26 rebound

Strong demand from EVs, robotics and wind, tighter supply discipline and export controls pushed PrNd back above 900 CNY/kg by mid-2026 — it is now trading in the high 800s.