On July 24th, the average price for PrNd Oxide reported by Asian Metal increased slightly by 1,000 yuan to 360,500 yuan per ton. Meanwhile, the average price for PrNd mischmetal remained stable at 445,500 yuan per ton. The PrNd market saw a minor upward adjustment, with stronger support from oxides leading to a synchronous increase in quoted and transaction prices. The availability of low-priced goods decreased, causing metal quotes to rise accordingly. Metal factories reported a general inquiry atmosphere, with downstream buyers primarily focused on price negotiations, leading to relatively stagnant overall transactions. The Dy and Tb markets operated more strongly, with upward trends in oxide prices providing increased support for the metal market and leading to corresponding rises in metal quotes. However, the overall enthusiasm for purchasing downstream was moderate, and manufacturers experienced poor shipment conditions.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 358,000 | 363,000 | 360,500 | +1000 |
| PrNd Mischmetal | CNY/ton | 443,000 | 448,000 | 445,500 | – |
| DyFe Alloy | CNY/kg | 1,580 | 1,600 | 1,590 | – |
| Tb Metal | CNY/kg | 6,000 | 6,200 | 6,100 | – |
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