On July 23rd, the average prices for PrNd Oxide and PrNd mischmetal reported by Asian Metal remained stable at 359,500 yuan per ton and 445,500 yuan per ton respectively, unchanged from the previous day. The PrNd market continued to be stable, with metal manufacturers maintaining steady quotes. The market primarily experienced low-level inquiries, with actual shipments from metal factories being limited. Magnet manufacturers approached purchasing cautiously, focusing mainly on locking in orders, while downstream demand still needed further improvement. For Dy and Tb, metal manufacturers maintained stability. Overall inquiries were sparse, and manufacturers faced difficulties in shipping out goods, leading to few actual transactions.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 357,000 | 362,000 | 359,500 | – |
| PrNd Mischmetal | CNY/ton | 443,000 | 448,000 | 445,500 | – |
| DyFe Alloy | CNY/kg | 1,580 | 1,600 | 1,590 | -20 |
| Tb Metal | CNY/kg | 6,000 | 6,200 | 6,100 | -100 |
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