On August 7th, the average prices of PrNd Oxide and PrNd mischmetal reported by Asian Metal were 370,500 yuan per ton and 458,500 yuan per ton, respectively, marking decreases of 2,000 yuan and 1,000 yuan from the previous working day. The PrNd market was primarily consolidating, with manufacturers holding steady on their quotes. High-priced sales faced pressure, and there was a notable inversion in low-priced sales. The market atmosphere for inquiries was moderate, and overall transactions were stagnant. The Dy and Tb markets showed weaker performance; oxide prices declined due to insufficient support from the cost end, and the metal market lacked support, leading to price falls. Downstream purchasing was sparse, resulting in a quiet transaction atmosphere.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 368,000 | 373,000 | 370,500 | -2000 |
| PrNd Mischmetal | CNY/ton | 456,000 | 461,000 | 458,500 | -1000 |
| DyFe Alloy | CNY/kg | 1,700 | 1,720 | 1,710 | -30 |
| Tb Metal | CNY/kg | 6,400 | 6,600 | 6,500 | – |
| GdFe Alloy | CNY/ton | 163,000 | 166,000 | 164,500 | – |
| HoFe Alloy | CNY/kg | 518 | 523 | 520.5 | – |
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