Another drop this week I think chart says it all
Magnet prices have been strange. Thay took multiple uniform drops of 5 RMB across all magnets. All magnets ended up dropping 20 RMB. I have never seen this size or uniformity before. I am posting N25. You can look at others if you want. N25 Dropped 5.3% in 30 days NDPRO dropped 5.15 in same time frame. but NdprO is only 27% of the material in Magnets by weight and iron prices have been going up so the drop is far more than the price change of the material in the magnets. I will also show the steel chart.
N25 magnet prices,
Finished steel.
NdPR price, page-1456
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