Neodymium Price in China Edges Up 0.0% to USD 141,322/tonne
Neodymium held near USD 141,322/tonne as of 2026-09-30, with annual gains of 27.0% offset by a 3.1% quarterly decline.
Neodymium in China was quoted at USD 141,322/tonne as of 2026-09-30, up 0.0% from USD 141,262/tonne on 2026-09-23. The monthly change was -0.6% from USD 142,119/tonne on 2026-08-31, and the quarterly change was -3.1% from USD 145,824/tonne on 2026-07-02. Year on year the price is up 27.0% from USD 111,313/tonne on 2025-09-30. Over the past 52 weeks the commodity reached a high of USD 164,443/tonne on 2026-02-26 and a low of USD 95,824/tonne on 2025-10-24.
According to Shanghai Metals Market (SMM), China's August 2026 rare earth metal ore imports fell 42% month-on-month to 1,034 metric tons, as reported on 2026-09-22. SMM also reported on 2026-09-30 that China's September 2026 Pr-Nd alloy production declined 3.03% month-on-month due to negative profit margins.
On the demand side, SMM reported on 2026-09-29 that China's September 2026 NdFeB blank production rose only 3.34% month-on-month amid weak terminal demand.
SMM reported that Pr-Nd oxide and alloy prices rose on 2026-09-24 due to sentiment surrounding China-US trade consultations, and that large magnetic material producers initiated tender purchases on 2026-09-30, tightening low-priced supply.