What's new here?

It has been 9 months since we did an article on the price of Rare Earth Magnet material, Neodymium. At that time to price was doing see-saws from 75 to 105 in price per kg: 163

So what has gone on those past 9 months? Not a whole lot, actually. Have a look at the latest movement:

Neodymium7.17Now it may look like there are some dramatic drops in price there if you look closely at the scale you will note the price variations are only $2 per kg. That makes the movement on the chart much less varied than the $30/kg variations it was experiencing last year around this time.

Has anything happened to cause this? Not much that we can determine. Mexico is considering adding itself to the list of Neodymium producers, but this is recent and does not seem to have done much to the price. Demand for electronics has not exactly spiked nor crashed. It may simply be that the wildcat speculators have left the market after making their profits or losing their shirts. The resulting market may simply be a more natural one without the roller-coaster effect speculation can bring.

www.spectrum-scientifics.com

 

 

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