NdFeB magnets producers reported increasing prices in market of rough sintered NdFeB as a result of climbing PrNd mischmetal prices. A source, whose plant produces around 15 tons of rough sintered NdFeB 38M square per month, in South China shared with Asian Metal that price of rough sintered NdFeB 38M square shows upward tendencies as rare earth raw material offers continue increasing. At present the price in this plant is RMB150-155/kg. It increasing by RMB10/kg compared to the end of June. According to the source of this plant, the PrNd Mixed Metal Prices suppliers has increased to RMB400,000/T at present, so they must adjust the price of NdFeB Magnets. The plant purchased PrNd Mixed Metal at the price of RMB380,000/t the last time. Another source from the rough sintered NdFeB plant in the south proved it,and the price of rough sintered NdFeB 38M square has increased to RMB155/t. It rised by RMB8/kg compared to two weeks ago. The source of plant shows that they are in no hurry to sell PrNd Mixed Metal. And PrNd Mixed Metal prices further to RMB380,000/t USD61,568t for the time being, up from RMB410,000/t,USD66,429/t.
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Increasing Prices In Market of Rough Sintered NdFeB
2016/4/22 13:32:153688