ferrite magnets
China's exports of rare earth permanent magnet products in November
Dec 28,2020.

In November 2020, my country's total exports of rare earth permanent magnet products (including rare earth permanent magnets, quick-setting permanent magnet sheets, magnetic powder and other NdFeB alloys) totaled about 3862 tons, with an export value of approximately US$169 million.

  • Compared with October, the export volume and export value of my country's rare earth permanent magnet products increased significantly in November, the export volume increased by 8.7%, and the export value increased by 9.4%.
  • Compared with the same period last year, the export volume and export value of my country's rare earth permanent magnet products in November this year increased significantly, with the export volume increasing by 15.7% and the export value increasing by 16.2%.
  • The average export price of rare earth permanent magnet products in November increased by 0.6% from the previous month and 0.4% from the same period last year (the average price of praseodymium and neodymium metal in November increased by 12.8% from the previous month and by 26.5% from the same period last year).

rare earth neodymium magnets export

Among all export products, the export volume of rare earth permanent magnets was about 3,285.6 tons, an increase of 2.7% month-on-month and 13.6% year-on-year. The average export price was about US$47,400/ton, an increase of 3.3% month-on-month and 1.3% year-on-year.

China supplier rare earth magnets

In November, the top three major exporters of my country's rare earth permanent magnet products were still Germany, the United States, and Japan. Japan jumped to the first place in monthly export volume for the first time this year.

permanent neodymium magnets supplier

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