What Factors Affect the Price of NdFeB Magnets

Update:24 Aug 2020

Strong NdFeB Magnet produced by NdFeB manufacturers have been in the market for a long time as a mature industrial product, and have been widely used in many fields. Compared with similar products in the same volume, NdFeB magnets have a higher magnetic effect, because they are widely used for more detailed parts.

According to the market's economic adjustment, the price of powerful NdFeB magnets has been maintained at a relatively stable price, and the price of NdFeB magnets has not fluctuated very much in a long time.

First of all, quality is the fundamental reason for maintaining a product that can be produced and sold. This is also common in NdFeB magnets. The price of neodymium iron boron magnets where the development is successful is high because the production volume in the market is still small. At that time, many demanders raised prices to obtain this magnetic material. However, with the continuous expansion of production, the production volume After the continuous increase of production and demand in the market, the most important factor that can affect prices is quality.

On the other hand, it is not that the material quality of the neodymium iron boron magnets on most equipment has to be very high. Some consumables have low quality requirements for strong magnets, which leads to different prices for different quality strong magnets. , And then occupy different markets.

Although the production volume of NdFeB manufacturers has increased, the quality of the powerful magnets provided by different magnet manufacturers is not consistent. Whether it is due to differences in production equipment or technical problems of the production workers, the quality of NdFeB magnets of different quality Entering the market, there will inevitably be a contrast. Good quality is naturally in short supply, but at the same time the price will be slightly higher.

Because of the needs of the market and the difficulty of mining nowadays, the price of NdFeB magnets on the market has changed greatly, because the price of NdFeB magnets is directly related to many factors, such as quality and brand. If you only pay attention to the price when choosing NdFeB magnets, and do not pay attention to the brand and quality, they can be very cheap and extremely cheap NdFeB magnets, but the quality of the NdFeB magnets is very important.

When choosing a neodymium iron boron magnet, you need to consider its price and value. Some neodymium iron boron magnets are really attractive in price, but their quality is average, or the after-sales service is not good. All choices should be more. Pay attention to all factors. When choosing a product, you can look at several NdFeB magnet manufacturers, and choose the most suitable NdFeB magnet in the comparison, which is conducive to choosing a NdFeB custom industrial magnets manufacturer with better cost performance.