Praseodymium Neodymium Alloy in China Rises to USD 133,491/tonne
Pr-Nd alloy prices edged up 0.1% on the week as producer purchases and tender demand tightened supply, Shanghai Metals Market reported.
Praseodymium neodymium alloy prices in China stood at USD 133,491/tonne on 2026-10-01, up 0.1% from USD 133,332/tonne a week earlier. The month-on-month change was 1.7%, from USD 131,280/tonne on 2026-09-01, while the quarter showed a decline of 1.3% from USD 135,296/tonne on 2026-07-03. Over the year, prices rose 38.7% from USD 96,213/tonne on 2025-10-01. The 52-week high was USD 161,850/tonne on 2026-02-27 and the low was USD 85,294/tonne on 2025-10-24.
Shanghai Metals Market reported on 2026-09-30 that major producer purchases and pre-holiday tender demand from large magnetic material enterprises tightened low-priced supply and pushed quotes higher. The same source reported that China's Pr-Nd alloy production fell 3.03% in September, ending five months of growth, as negative net profit margins and rising raw material costs weighed on output.
Separately, Shanghai Metals Market reported on 2026-08-31 that Pr-Nd oxide output rose about 10% in August, driven mainly by scrap recyclers increasing operating rates on rising price expectations. On the policy side, Shanghai Metals Market reported on 2026-09-24 that China suspended export control measures on rare earths and related items until November 10, 2026, following economic and trade consultations with the United States.