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The Decisive Factor That Dominates The Price Of NdFeB: Quality
May 14, 2018

As a mature industrial product, NdFeB magnets have been on the market for a long time. Since 1982, they have been used more extensively in many fields, and have been compared due to similar products in the same volume. Higher magnetic effects because it is widely used for more detailed parts. According to the market's adjustment to the economy, the price of Nd-Fe-B magnets has remained at a relatively stable price. The relatively long-term price of Nd-Fe-B magnets is not very large, what causes this result? ? It is quality!

Quality is the fundamental reason why a product can be produced and sold. This is also common in NdFeB materials. The high price of NdFeB in the successful development is due to the small amount of production in the market. At that time, many demanders increased the price to obtain this magnetic material, but as the production continues to expand, the amount of production Increasingly, after the relatively stable production and demand in the market, the most important factor that can influence the price is quality.

Although the production volume has increased, the quality of NdFeB supplied by different manufacturers is not consistent. Whether it is due to differences in production equipment or due to technical problems of production workers, it has led to the entry of NdFeB magnets of different quality into the market. There will be comparisons. Naturally, good quality is in short supply. Due to cost issues, the price will be slightly higher. On the other hand, there are not many materials on which neodymium-iron-boron magnets must have high material quality. Some consumables have very low quality requirements for neodymium-iron-boron magnets, which results in different qualities of NdFeB. Different prices then occupy different market phenomena.