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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Last
$6.15 |
Change
-0.100(1.60%) |
Mkt cap ! $5.748B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.24 | $6.13 | $18.60M | 3.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21239 | $6.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.16 | 9771 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$6.16 |
Change
-0.100 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $6.24 | $6.24 | $6.13 | 894887 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| LYC (ASX) Chart |