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Rare earth permanent magnet raw material prices on October 10, 2026

内容小结
1. Summary of today‘s core prices (factory tax included, yuan/ton)VarietySpecifi
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1. Summary of today's core prices (factory tax included, yuan/ton)

VarietySpecificationToday's reference priceMarket Status
Praseodymium neodymium oxide Nd₂O₃+Pr₆O₁₁ / TREO ≥75%Nd₂O₃+Pr₆O₁₁ / TREO ≥75%740,000 – 742,000The quotation is too hard
Metal praseodymium neodymiumPr 20-25% / Nd 75-80%895,000 – 897,000The cost side is firm
Dysprosium Iron AlloyDy 80%1,395,000 – 1,400,000Horizontal
Dysprosium oxide Dy₂O₃ 99.5%Dy₂O₃ 99.5%1,417,500 – 1,450,000Temporarily stable
Terbium oxide Tb₄O₇ 99.95%Tb₄O₇ 99.95%6,430,000 – 6,470,000High level sorting
Gadolinium-Iron AlloyGd 73±2%180,000 – 185,000Flat

Price source: Ningbo Magnetic Materials Chamber of Commerce, Kekuang Network, Guirong Permanent Magnet daily 10:00 offer, SMM post holiday daily review; For market reference prices, the actual price quoted by Anhui Hesheng Magnetic Mining on the same day shall prevail.

2. Three things to consider for procurement and engineers

1. Praseodymium neodymium is not cheap, but it has not reached the condition of "waiting for price reduction".The praseodymium neodymium oxide station has a price of 740000 yuan/ton, and the metal praseodymium neodymium is close to 897000 yuan/ton. The consignee has a weak willingness to ship at low prices. When calculating BOM for procurement, if we continue to use the average price in September, the quotation will be too loose; When engineers conduct cost sensitivity analysis, it is recommended to adjust the fluctuation range of praseodymium neodymium to ± 3%.

The pain point of high-grade magnetic steel is not in praseodymium neodymium, but in the amount of heavy rare earth added.In the unit price of SH/UH/EH grades, dysprosium and terbium have a high weight. The same nominal 45SH, one using traditional high dysprosium formula and the other using grain boundary diffusion, may only differ by 3-5% in factory kg price, but the high-temperature demagnetization curve, batch consistency, weldability, and coating yield may not necessarily be in the same range. When comparing prices, it is necessary to consider both the "unit magnetic weight rare earth cost" and the "coercive force margin under temperature rise conditions".

3. Delivery risk is often underestimated.The current market is characterized by "hard quotes, low actual orders, and recovering inquiries". For procurement, the real risk is not that the price is 2000 yuan/ton today, but that the production line schedule has already been occupied when the project enters trial production, and if additional orders are placed, either the delivery date will be postponed or high priced spot goods will be used. The earlier an engineer sets the working temperature, air gap, and demagnetization resistance margin, the easier it is for procurement to achieve stable production scheduling.

III. Selection and Procurement Actions

🔧 N/M series: N/M series:First, calculate the average magnetic consumption in Q4 and lock the price with "base price+rare earth index", which is more suitable for cost accounting than each inquiry.

🔧 H/SH/UH/EH series: H/SH/UH/EH series:Ask the magnetic material factory to report both the "traditional formula" and the "low weight rare earth/grain boundary diffusion scheme", compare the demagnetization rate and unit price at 120 ℃ and 150 ℃, and choose the one with sufficient working condition margin instead of the expensive one.

🔧 New project prototype:Send the number of motor poles, air gap, maximum operating temperature, and whether to start with variable frequency to the factory. Hesheng Magnetic Mining can deduce the grade according to the magnetic circuit, reducing the waste of heavy rare earths caused by "choosing high-end grades for insurance".

🔧 Batch order: Batch order:Confirm production scheduling as soon as possible after the brand is finalized; The inclusion of a rare earth surcharge as a trigger condition in the contract is more conducive to delivery than verbal "talk later".

IV. Explanation

This article is a reference for the selection of rare earth raw materials and magnetic materials, and does not constitute a procurement order or investment judgment. Rare earth prices fluctuate in real-time with indicators, imports, and magnetic material orders. For bulk purchases, please refer to the daily quotation and contract provided by Anhui Hesheng Magnetic Mining salesperson.


Anhui Hesheng Magnetic Mining ——Professional neodymium iron boron permanent magnet manufacturer

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