Neodymium Prices Largely Stable, Up Year-on-Year

Neodymium traded flat at 785,000 CNY per tonne on September 30, 2025, signaling short-term stability in the benchmark CFD market.
Over the past month the metal slipped 0.02%, while remaining up 45.64% compared with a year earlier, underscoring strong medium-term demand momentum.
Neodymium reached an all-time high of 1,520,000 CNY/T in February 2022; the latest dataset was updated on October 5, 2025.
Consensus model projections expect neodymium to average roughly 796,052.79 CNY/T by the end of the quarter and to trade near 831,236.50 CNY/T in 12 months, reflecting continued demand pressures.
Neodymium is a critical rare-earth element used in high-strength permanent magnets for electric motors, wind turbines and electronics. Although relatively abundant geologically, neodymium usually occurs mixed with other lanthanides and requires complex separation, concentrating production and processing in a few countries.
Price dynamics are driven by clean-energy electrification, magnet demand, separation bottlenecks and policy-driven supply risk. Market participants say the combination of strong end-use demand and supply-chain concentration keeps upside risk intact even amid short-term flat trading.