The price of the NdFeB Magnet is composed of the cost of the raw material, the slicing fee, the plating fee, and the magnetization packaging fee. If the shape of the complex point will have additional punching fees, wire cutting fees, and special-shaped processing fees. Among them, the cost of materials is the largest, so when customers buy magnets, NdFeB manufacturers generally recommend that customers choose the right size and performance, which can save costs.

In terms of quality, there will be some irregular NdFeB producers who choose to recycle materials and black leather materials to make products. In this case, the difference in material costs will be very large, which is the main reason for the difference in the price of each magnet manufacturer.

In terms of product tolerances, many small magnet manufacturers do not have production quality inspectors, which can result in large variations in magnet tolerances.

In electroplating, some NdFeB manufacturers will send out some magnets to small electroplating plants for processing, so the cost will be very low, but the color of the plating and the adhesion of the coating are very poor.

From the point of view of magnetizing packaging, some NdFeB manufacturers do not select the magnets for the sake of saving trouble. Some products with missing corners are directly sent to customers. These are common problems. Therefore, the price difference will sometimes be larger.