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Why is the price of neodymium magnets fluctuating?
Time:09/30/2019
At present, the demand for NdFeB magnets has increased significantly. Due to the difficulty in mining rare earth minerals and the increasingly stringent environmental protection system, the prices of NdFeB magnets on the market are often fluctuating.
 
There is no fixed price for products like NdFeB magnets. First of all, it is a custom-made product like hardware. It should be quoted according to the actual situation. Secondly, many factors will affect its price, mainly raw materials. The day rare earth has to rise in price, so the price naturally fluctuates.
 
Neodymium iron boron magnet
 
In addition to raw materials, there are many reasons for the size, tolerance, brand, etc., in addition to the price of NdFeB magnets. If you only pay attention to the price and don't care about quality and tolerance, then the price is naturally cheap, but the quality and the ability to assemble can't be guaranteed.
 
Therefore, although the price often fluctuates, there are always no mistakes in comparing the purchases. It is not tempted by the products with low prices. It is mainly based on the combination of quality and price.