Samarium Cobalt Magnet Price Trend

Samarium Cobalt magnets chiefly comprise Samarium and Cobalt, with the SmCo₅ series containing 23–28 wt% Samarium and 63–67 wt% Cobalt, and the Sm₂Co₁₇ series holding 33–37 wt% Samarium and 48–52 wt% Cobalt. Samarium’s steady price over time barely sways the Samarium Cobalt magnet price trend.

Samarium Cobalt magnets, unlike AlNiCo magnets, use pure Cobalt metal as their primary raw material. Cobalt price changes actively shape the SmCo magnet price trend, which closely follows Cobalt’s fluctuations, driving the most significant shifts in the Samarium Cobalt price.

Cobalt Price Trend

Samarium Cobalt Magnet Price Trend Since 2021

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Notes:

The price trend data for Samarium Cobalt and Cobalt is sourced from Asian Metal’s median price, not actual transaction prices. It’s offered for informational purposes only and does not constitute investment advice.
The price of SmCo-30H varies across magnet manufacturers due to factors such as composition, raw material costs, purchase quantity, and payment terms.
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The price trend chart allows panning horizontally and vertically by dragging, zooming in and out by scrolling, and resetting to the original view with a right-click.