On November 12, PrNd Oxide prices quoted by Asian Metal were 422,500 yuan per ton, down by 1,000 yuan per ton compared to the previous day. PrNd mischmetal prices remained stable at 522,500 yuan per ton. PrNd prices declined due to low inquiry activity in the market and an increase in low-price shipments, resulting in a drop in PrNd Oxide prices. With insufficient cost-side support, the price of PrNd mischmetal also faced downward pressure. Downstream magnet manufacturers showed minimal interest in procurement inquiries, while metal manufacturers faced pressure on shipments, continuing to monitor changes in downstream demand. The prices of Dy and Tb Oxides were reduced, with weak market inquiry activity. Influenced by market news, low-priced shipments increased, leading to a weakening in mainstream prices. Correspondingly, metal product prices also declined. Downstream magnet manufacturers showed weak enthusiasm for procurement, with limited follow-through on actual transactions, making it challenging to close deals.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 421,000 | 424,000 | 422,500 | -1,000 |
| PrNd Mischmetal | CNY/ton | 521,000 | 524,000 | 522,500 | – |
| DyFe Alloy | CNY/kg | 1,690 | 1,710 | 1,700 | – |
| Tb Metal | CNY/kg | 7,400 | 7,500 | 7,450 | – |
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