2019-06-11 13:55:35

Price of Magnet Sharply raise since May

The price of raw material for magnet sharply raise since end of May ,Over 25 % . The big reason is trade war with USA . China has a stranglehold on rare earth supplies. It could use that to throttle the U.S.

PrNd is the main cost for magnets . And PrNd is one of rare earth material . You can see crazy price situation from below trend chart .

We will do our best to supply great price to all partners .But we have to update price when our stock are out .