On October 17th, Asian Metal reported the average price of PrNd Oxide at 424,500 yuan per ton, a decrease of 1,000 yuan from the previous day. The price of PrNd mischmetal remained stable at 526,500 yuan per ton. The PrNd market showed signs of weakness, with oxide prices declining and an increase in low-price shipments leading to insufficient cost support. Consequently, mischmetal prices fell, while market demand remained sluggish and new orders were limited. The Dy and Tb markets were also weak, with little enthusiasm for inquiries and only modest downstream demand. Metal sales faced challenges, and actual transactions struggled to progress.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 423,000 | 426,000 | 424,500 | -1,000 |
| PrNd Mischmetal | CNY/ton | 525,000 | 528,000 | 526,500 | – |
| DyFe Alloy | CNY/kg | 1,720 | 1,740 | 1,730 | -10 |
| Tb Metal | CNY/kg | 7,200 | 7,400 | 7,300 | -50 |
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