On August 26th, Asian Metal reported a significant jump in prices, with PrNd Oxide rising by 10,000 yuan to 401,500 yuan per ton, and PrNd mischmetal increasing by 13,000 yuan to 496,500 yuan per ton. The PrNd market was strong, with oxide prices leading the charge. Traders were actively inquiring, prompting both quoted and transaction prices to rise, backed solidly by cost-side pressures. As a result, metal prices were adjusted upward as well. Major magnet manufacturers issued tenders as needed, though the specifics of these transactions are still pending further details. Meanwhile, the Dy and Tb markets showed weakness, with reports of low-priced supplies. The inquiry atmosphere remained subdued, and limited downstream purchasing capacity led metal manufacturers to adjust their quotes downward in response to declining oxide prices.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 400,000 | 403,000 | 401,500 | +10,000 |
| PrNd Mischmetal | CNY/ton | 495,000 | 498,000 | 496,500 | +13,000 |
| DyFe Alloy | CNY/kg | 1,710 | 1,730 | 1,720 | – |
| Tb Metal | CNY/kg | 6,700 | 6,900 | 6,800 | +100 |
| GdFe Alloy | CNY/ton | 166,000 | 169,000 | 167,500 | – |
| HoFe Alloy | CNY/kg | 518 | 523 | 520.5 | – |
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