Neodymium Price Trend Analysis 2026: Market Insights, Supply Demand Analysis, Price Drivers, Historical Prices & Latest News
Neodymium Price Trend Q2 2026
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Neodymium | China | FOB | USD 146,022.53/MT | May 2026 |
| Neodymium | India | CIF | USD 146,089.87/MT | May 2026 |
| Neodymium | USA | CIF | USD 146,141.72/MT | May 2026 |
| Neodymium | Brazil | CIF | USD 146,154.53/MT | May 2026 |
| Neodymium | Canada | CIF | USD 146,147.53/MT | May 2026 |
| Neodymium | China | FOB | USD 148,717.17/MT | April 2026 |
| Neodymium | India | CIF | USD 148,767.17/MT | April 2026 |
| Neodymium | USA | CIF | USD 148,804.17/MT | April 2026 |
| Neodymium | Brazil | CIF | USD 148,838.17/MT | April 2026 |
| Neodymium | Canada | CIF | USD 148,807.17/MT | April 2026 |
Stay updated with the latest neodymium prices, historical data, and tailored regional analysis
- Global neodymium pricing in Q2’26 showed a mild downward drift across major regions, driven by stable supply conditions and cautious procurement from magnet and EV-linked industries.
- Feedstock rare earth oxide availability remained steady, with consistent output from Chinese processing hubs keeping supply balanced and limiting upward pressure.
- Downstream demand from EV motors, wind turbines, and electronics remained stable but lacked strong expansion, leading to short-cycle buying and controlled inventories.
In the second quarter of 2026, the monthly average neodymium price in China was ~RMB 1,010.45/kg in April and ~RMB 992.14/kg in the subsequent month, showing a decrease of ~1.8%. Price movement remained slightly lower due to steady rare earth output and stable export flows from China, while magnet manufacturers maintained cautious procurement cycles amid balanced inventory levels. Meanwhile, the monthly average neodymium price in India was ~INR 14,187.30/kg in April and ~INR 13,931.98/kg in the subsequent month, showing a decrease of ~1.8%. Prices tracked global softness, with import parity easing due to steady availability from Asian suppliers and limited restocking from downstream magnet and electronics users. In North America, the monthly average neodymium price was ~USD 148,804.17/MT in April and ~USD 146,141.72/MT in the subsequent month, showing a decrease of ~1.8%. Stable imports and moderate demand from EV motor and renewable energy applications kept consumption steady without triggering supply tightness.
Analyst Insight
According to Procurement Resource, near-term trend for neodymium indicates continued range-bound movement with slight downside risk if downstream EV production cycles slow further.
Related Report
Need latest Neodymium price?
Get real-time price assessments, periodic trends, forecasts and price driver insights across key global markets.
Unlock Price Insights NowOur Clients
Procurement Resource Database
Turn price intelligence into action with the Procurement Resource Database. Log in or subscribe to unlock live price trends, historical charts, supplier databases, cost curves, and analyst-backed insights across chemicals, agriculture, energy, packaging, and more. Use these tools to benchmark your contracts, plan budgets with confidence, and stay ahead of market moves on every product you buy.
0
+Products
0
+Regions
0
+Subscriptions
- Global neodymium prices remained elevated amid persistent supply chain disruptions and export controls, with volatility driven by constrained trade flows and limited refining capacity outside China.
- Cost dynamics were shaped by tight availability of rare earth materials and processing bottlenecks, with China controlling 61% of mined supply and 91% of refining capacity, restricting global supply flexibility.
- Downstream demand from high-performance magnets, robotics, and defence sectors remained structurally strong, though procurement was cautious due to pricing pressure and supply uncertainty.
During the first quarter of 2026, the Neodymium price graph was primarily influenced by supply constraints and trade dynamics. China’s dominance in the global rare earth industry’s value chain has always been a major constraint in the supply of processed rare earth materials into the global market. Export control and dual-use restrictions h also impacted trade flows, especially for major consuming markets like Japan, which contributes almost 15% to global permanent magnet manufacturing capacity.
Besides these major influences, the Iran conflict had indirect effects on the pricing of Neodymium. Disturbances in major shipping routes and increased risks in the Strait of Hormuz increased freight costs, insurance costs, and transit times, thus increasing the cost of rare earth materials in the global market. Higher crude oil prices have also contributed to cost-push inflation. However, the conflict had not impacted the supply of rare earth materials in terms of volumes, and its effects were secondary in nature.
About Neodymium
Neodymium is a component of Didymium that is often utilised for colouring glass to make welder's and glass blower's goggles. It is a soft silvery metal that oxidises in air. An electropositive element, Neodymium reacts slowly with cold water. Naturally occurring Neodymium contains a mixture of five stable isotopes and two radioisotopes.
Neodymium Product Detail
Nd
Rare earth magnets, Anticoagulant, Electrical and electronic products, Medical science, Glass for Tanning Booths, Lasers
7440-00-8, Neodimio, Neodyme, Neodym
American Elements, Dura Magnetics, Inc., ABSCO Limited, Umicore N.V., Reade International Corp, HEFA Rare Earth Canada Co. Ltd.
Regional Coverage
Asia Pacific
Europe
North America
Latin America
Africa
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Neodymium Production Process
- Production of Neodymium via Extraction
Neodymium can be found in ores of other minerals such as monazite and bastnäsite, which are mined and extracted. They are the primary ores from which Neodymium is derived after refining.
Our Price Analysis Methodology
Schedule a demo
Experience how Procurement Resource transforms raw material price data into clear, decision ready intelligence. Optimise your performance with reliable, expert market data and analysis. Schedule your demo today to experience a live walk-through where our experts will showcase interactive price charts, forecasted prices, and insights driving the prices for your key commodities, tailored to your workflows. Contact us now!
Our Team will be happy to assist you
We are just a text away
Still Need Help?
Unlock full access to Procurement Resource's price databases, interactive charts, and short-term forecasts for thousands of commodities. Elevate your sourcing decisions by comparing prices across regions, downloading historical data, and layering in analyst-backed insights, all with our flexible plans that scale as your portfolio grows.
Still have any Questions
Contact Us
Price Trend Dashboard - What's Included
Price trends across a diverse portfolio of categories and products, spanning board to niche chemicals
Coverage extendable to grade-specific chemicals based on procurement requirements
Regular price tracking supported by robust historical datasets
News, policy updates, and key market drivers impacting price movements
Short-term and long-term price outlooks and forecasts
Supply-demand dynamics and capacity-driven market analysis
Why Procurement Database
Commodity Market Intelligence
Track prices, market movements, supply-demand dynamics, and industry developments across hundreds of commodities through a centralized intelligence platform built for informed procurement decisions.
Price Forecasts & Market Outlooks
Understand market fluctuations using analyst-backed forecasts, historical pricing patterns, and evolving industry trends to strengthen sourcing strategies and budget planning.
Cost & Procurement Optimization
Leverage cost models, pricing benchmarks, and procurement insights to evaluate purchasing opportunities, improve negotiations, and enhance operational efficiency.
Global & Regional Market Insights
Access region-specific price trends, trade activities, capacity changes, and supply chain developments influencing commodity markets worldwide.