Price of Didymium Oxide (NdPr Oxide) FOB China in $USD per kg August 1st?

Resolution Criteria

This market will resolve based on the Free on Board (FOB) price of Didymium Oxide (NdPr Oxide) in China, measured in USD per kilogram, as of August 1, 2025. The resolution will utilize data from reputable industry sources such as Shanghai Metals Market (SMM) (news.metal.com) and Argus Media (argusmedia.com). If multiple sources report differing prices, the average of these will be used for resolution.

Background

Didymium Oxide, a mixture of neodymium and praseodymium oxides, is a critical material in the production of high-strength permanent magnets used in various applications, including electric vehicles and wind turbines. The price of NdPr Oxide is influenced by factors such as supply-demand dynamics, mining quotas, and geopolitical developments.

Considerations

As of July 7, 2025, the price of NdPr Oxide has experienced fluctuations due to varying demand and supply conditions. For instance, in May 2025, the average market price of NdPr Oxide increased to $60 USD/kg, up 3.42% (after converting from en.baiinfo.com). Traders should monitor market trends, including potential changes in China's rare earth export policies and global demand shifts, which could impact prices leading up to August 1, 2025.