On October 24, PrNd Oxide and PrNd mischmetal prices quoted by Asian Metal averaged 421,500 yuan per ton and 521,500 yuan per ton, respectively, maintaining stability compared to the previous day. The PrNd market remains largely stable with slight fluctuations; oxide prices are steady, and availability of low-cost supplies is tightening. Cost support is moderate, but weak inquiries persist in the metal market. Sellers are experiencing sluggish shipments and insufficient new orders from magnet manufacturers, resulting in low purchasing enthusiasm. Recent news developments indicate a potential tightening of upstream supply, which has led to increased inquiries in the Dy and Tb markets. With fewer low-cost shipments, mainstream oxide prices for Dy and Tb are rising, causing an upward adjustment in metal prices. However, actual transactions are still pending observation, reflecting cautious buyer sentiment.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 420,000 | 423,000 | 421,500 | – |
| PrNd Mischmetal | CNY/ton | 520,000 | 523,000 | 521,500 | – |
| DyFe Alloy | CNY/kg | 1,680 | 1,700 | 1,690 | -10 |
| Tb Metal | CNY/kg | 7,100 | 7,300 | 7,200 | – |
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