Benchmark: NdPr oxide, FOB China. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🇨🇳 FOB China (NdPr oxide) China · ~85-90% of processing | FOB | 68.40 | Benchmark | China sets the magnet-rare-earth price |
🇺🇸 US (MP Materials) USA · DoD-backed | Domestic | 79.40 | +11.00 (+16.1%)widening | Domestic NdPr premium under price-floor support |
🇲🇾 ex-China (Lynas) Malaysia · supply-security | FOB | 77.40 | +9.000 (+13.2%)stable | Lynas Malaysia — the non-China benchmark |
🇲🇲 Myanmar feedstock Myanmar · heavy-RE feed | Feed to China | 64.40 | -4.000 (-5.8%)stable | Ionic-clay feed into Chinese separation |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Indicative term structure · Backwardation
Converted from 68.40 USD/kg · indicative FX
Neodymium (NdPr) is traded in the battery metals segment, with price discovery referenced against OTC. The chart above shows the trailing indicative price path. Physical parcels of Neodymium (NdPr) can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Neodymium-praseodymium oxide gained on resilient EV and wind-magnet demand, with buyers wary of concentrated supply risk.
Proposed licensing measures in a key producing region could lengthen lead times for several battery and rare-earth inputs, traders warn.