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.
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.