On November 20, PrNd Oxide and PrNd mischmetal prices quoted by Asian Metal were 413,500 yuan per ton and 515,500 yuan per ton, respectively, down by 5,000 yuan per ton and 3,000 yuan per ton compared to the previous day. The PrNd market continued its downward trend, with upstream oxide futures prices weakening significantly. Merchants were cautious and observing the market, with few proactive quotes from manufacturers. The cost side showed a downward trend, and raw material prices fell sharply. Metal manufacturers mainly quoted based on market conditions, with poor inquiry activity and limited actual transactions. The Dy market remained weakly stable, while Tb prices showed a slight decline. Oxide prices lacked support, and metal quotes followed the downward trend. Demand remained sluggish, with limited actual transactions.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 412,000 | 415,000 | 413,500 | -5,000 |
| PrNd Mischmetal | CNY/ton | 514,000 | 517,000 | 515,500 | -3,000 |
| DyFe Alloy | CNY/kg | 1,620 | 1,640 | 1,630 | -10 |
| Tb Metal | CNY/kg | 7,180 | 7,280 | 7,230 | -50 |
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