On October 28, PrNd Oxide and PrNd mischmetal prices averaged 420,500 yuan per ton and 519,500 yuan per ton, respectively, according to Asian Metal. Prices remained stable compared to the previous working day. PrNd Oxide experienced a slight price increase, with firm mainstream quotes supported by the upstream market. Metal prices overall remained stable, with minimal fluctuations in market conditions, leading to stagnant transactions. The Dy and Tb markets continue to operate strongly, driven by high oxide prices, partly influenced by the border closures in Myanmar that have restricted low-priced shipments. Corresponding metal quotes for Dy and Tb remain stable, with moderate inquiry activity and limited follow-through in actual transactions. Market enthusiasm remains average, indicating a cautious buyer sentiment.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 419,000 | 422,000 | 420,500 | – |
| PrNd Mischmetal | CNY/ton | 518,000 | 521,000 | 519,500 | – |
| DyFe Alloy | CNY/kg | 1,700 | 1,720 | 1,710 | +20 |
| Tb Metal | CNY/kg | 7,200 | 7,400 | 7,300 | +50 |
| |||||
