Neodymium increased 233,000 CNY/MT or 64.36% since the beginning of 2020, 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 715000 in June of 2012. Neodymium - data, forecasts, historical chart - was last updated on December of 2020.
Neodymium is expected to trade at 573520.50 CNY/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 513604.00 in 12 months time.