Neodymium decreased 60,000 CNY/T or 10.81% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Neodymium reached an all time high of 1520000 in February of 2022.
Neodymium is expected to trade at 391243.50 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 374450.40 in 12 months time.