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Neodymium Price Per Kg — 10-Day Movement
All prices in ₹ per gram · daily rate, updated once per day
Neodymium Price Per Kg — The Number Buyers Actually Use
The neodymium price per kg in India today comes to ₹12,407.36, worked out from a live per-gram rate of ₹12.41 on September 17, 2026. Nobody buying this metal for magnet production or component manufacturing thinks in grams. The kilogram — and past a certain volume, the tonne — is the unit the physical rare-earth trade runs on, which is why this page leads with that conversion rather than burying it in a table.
The benchmark itself starts as an international rare-earth reference price, converted into rupees at the day's USD/INR rate. What lands on this page is that converted figure, before import duty, processing charges and manufacturer margin get added for an actual industrial transaction.
- 1 gram: ₹12.41
- 10 grams: ₹124.07
- 100 grams: ₹1,240.74
- 1 kilogram: ₹12,407.36
- 1 metric tonne: ₹12,407,358.00
Neodymium Price Per Kg and Other Trading Units
Today's Neodymium rate is Twelve Rupees per gram. At this rate, 10 grams of Neodymium costs One Hundred and Twenty Four Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹12.41 | Twelve Rupees |
| 8 Grams | 8.0000 g | ₹99.26 | Ninety Nine Rupees |
| 10 Grams | 10.0000 g | ₹124.07 | One Hundred and Twenty Four Rupees |
| 100 Grams | 100.0000 g | ₹1,240.74 | One Thousand Two Hundred and Forty One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹12,407.36 | Twelve Thousand Four Hundred and Seven Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹351.74 | Three Hundred and Fifty Two Rupees |
| 1 Troy Ounce | 31.1035 g | ₹385.91 | Three Hundred and Eighty Six Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹12,407,358.00 | One Crore Twenty Four Lakh Seven Thousand Three Hundred and Fifty Eight Rupees |
Raw Metal Versus Finished Magnet — Why One Kg Figure Isn't the Whole Story
What this page tracks is raw neodymium metal value. What a magnet fabricator actually buys is almost never raw neodymium on its own — it's a neodymium-iron-boron alloy, commonly shortened to NdFeB, formed into a magnet shape and often coated to resist corrosion. Getting from the metal benchmark to a finished magnet price involves alloying costs, sometimes small additions of dysprosium or terbium to improve heat resistance in demanding applications like EV motors, plus the manufacturing and shaping process itself.
From raw metal to finished magnet
That gap between raw metal value and finished magnet price is normal and expected — it exists for practically every metal that gets manufactured into something else before reaching an end user. What makes it worth flagging here specifically is that neodymium's finished-product step (the magnet) is inseparable from its demand story. There's essentially no other reason the world wants this metal in the volumes it does.
Currency movement sits underneath the whole calculation. A weaker rupee lifts the India-side per kg figure even when the international benchmark itself hasn't moved, since the conversion runs through the day's USD/INR rate before anything else is layered on.
Neodymium Price Per Kg — Last 10 Days
The most recent Neodymium price on record (2026-09-17) is Twelve Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹12.38.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹12.41 | +0.03 |
| 2026-09-16 | ₹12.38 | -0.06 |
| 2026-09-15 | ₹12.44 | +0.02 |
| 2026-09-14 | ₹12.42 | +0.02 |
| 2026-09-13 | ₹12.40 | +0.00 |
| 2026-09-12 | ₹12.40 | +0.01 |
| 2026-09-11 | ₹12.40 | -0.01 |
| 2026-09-10 | ₹12.40 | +0.06 |
| 2026-09-09 | ₹12.34 | +0.05 |
| 2026-09-08 | ₹12.30 | — |
Using the Per Kg Rate for Planning, Not Just Checking
A single day's per kg figure is a data point. What makes it useful is comparison — against yesterday, against last week, against the trend the 10-day history table below lays out. Procurement decisions on an input this specialised rarely hinge on one number; they hinge on whether that number has been climbing, falling, or sitting still over a meaningful stretch.
Because neodymium doesn't trade on a deep, globally distributed exchange the way copper or aluminium do, its per kg rate can also react more sharply to supply-chain or policy news out of the countries that dominate its processing than a base metal typically would. That's a genuine structural difference worth keeping in mind before treating any single day's reading as decisive.
For day-to-day use, the practical habit is straightforward: check the per kg rate against the comparison card above before drawing conclusions from one reading alone.
Neodymium Price Per Kg — Common Questions
The neodymium price per kg in India today is ₹12,407.36, derived from a live per-gram rate of ₹12.41 as of September 17, 2026.
The conversion itself is simple arithmetic — the per-gram benchmark multiplied by 1,000. That benchmark starts from an international rare-earth reference price, converted into rupees using the day's USD/INR rate before any local duty, processing charge or margin is added.
Scaling the same per-gram rate up to a full metric tonne gives ₹12,407,358.00. Bulk rare-earth trade is generally discussed in tonnes rather than kilograms once volumes get large, so this figure is the closest comparison to how a bulk buyer would frame the number.
Not exactly. This benchmark reflects the raw neodymium metal value only. A finished neodymium-iron-boron magnet includes alloying with iron and boron, sometimes small additions of dysprosium or terbium for heat resistance, plus manufacturing, coating and shaping costs — so the invoiced magnet price is a different number entirely from the raw per-kg figure shown here.
Gold and silver are retail bullion metals bought in small personal quantities, so pricing by the gram makes sense there. Neodymium has no retail bullion market at all — it moves between miners, refiners and magnet manufacturers in industrial volumes, which is why the kilogram, and beyond that the tonne, is the unit the physical trade actually runs on.
