On September 6th, Asian Metal quoted the average price for PrNd Oxide at 433,500 yuan per ton, up by 8,000 yuan from the previous day, while PrNd mischmetal also increased by 8,000 yuan, reaching 534,500 yuan per ton. The Praseodymium-Neodymium market continued its upward climb, with oxide prices staying firm and pushing the upper limit to 440,000 yuan per ton, prompting necessary adjustments in metal prices. High-level shipments faced pressure due to ongoing price inversions. Large magnet manufacturers led downstream purchasing, sticking to a “buy on rise, not on decline” approach, with a focus on essential orders. Dy prices remained stable with slight fluctuations, while Tb prices continued to rise, maintaining high quotes amidst limited low-priced availability.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 432,000 | 435,000 | 433,500 | +8,000 |
| PrNd Mischmetal | CNY/ton | 533,000 | 536,000 | 534,500 | +8,000 |
| DyFe Alloy | CNY/kg | 1,740 | 1,760 | 1,750 | +20 |
| Tb Metal | CNY/kg | 7,000 | 7,200 | 7,100 | +150 |
| GdFe Alloy | CNY/ton | 172,000 | 175,000 | 173,500 | +2,000 |
| HoFe Alloy | CNY/kg | 523 | 528 | 525.5 | – |
| |||||
