In the beginning of 2015, the price of rare earth materials showed a slight upward trend under the national compulsory control. The price of neodymium iron boron strong magnets was also deeply affected. The price of raw materials continued to rise since February. It was not until the end of March that the price of materials eased. Based on this increase, the unit price of neodymium iron boron strong magnets has also risen sharply. Because the unit price of materials is too large, magnet manufacturers will inevitably request price increases with customers, and rare earth materials will increase. Prices have led to an increase in the price of powerful magnets, which further led to an increase in production costs.
In 2011, the price of neodymium iron boron powerful magnets experienced a roller coaster-like surge. The crazy increase in the price of magnets has brought considerable shock to the NdFeB strong magnet market. When the price of NdFeB strong magnets rises in this form, on the one hand, it will bring rich performance to NdFeB magnet manufacturers. The NdFeB magnet factory made a fortune by taking advantage of the difference in material prices. But on the other hand, the situation of skyrocketing prices has caused a certain degree of inflation in the market. Inflation is bound to appear in 2012, and its price has returned to its original starting point.
Such large fluctuations in prices have brought a lot of market pressure to many companies. Why is there such a price trend?
One of the reasons is that the country’s policies have failed to keep up with the market’s development needs, causing market development to be out of balance, causing speculators to speculate. The country has proposed a new “National 22 Articles” policy to adjust the magnet market. Local governments actively responded and implemented it. For this reason, the new policy supports the maintenance of the price of magnets. The second is due to the launch of new energy, energy-saving markets, and new energy-saving vehicles. The invention and launch of new energy vehicles have brought a huge impact to this industry. Therefore, technological innovation has also largely affected the magnet market.
Although the price of magnets is affected by these factors, don't worry too much about production. At present, in response to unstable market prices, an exchange has been formed to publish fair market prices regularly to promote the stability of magnet prices and the prosperity of the entire industry. Any market effect cannot be separated from a principle: when supply exceeds demand, excess capacity The resulting decline in product prices is inevitable, and the value of the product itself has a price that determines market demand.
