On December 11, the average quoted price for PrNd Oxide on Asian Metal held steady at 410,500 yuan per ton, unchanged from the previous business day. However, the average quoted price for PrNd mischmetal dropped by 1,000 yuan to 505,500 yuan per ton. The PrNd market maintained a stable but weak trend, with oxide prices showing little change and remaining weakly stable. Cost-side support was moderate, but mischmetal prices softened from higher levels. Downstream purchasing activity was insufficient, and metal producers faced significant price inversions, resulting in limited actual transactions.
The Dy and Tb markets continued to perform weakly, with upstream oxide prices experiencing ongoing declines. The spot market stayed subdued, with metal quotes following the downward trend. Inquiry levels in the market remained low, and actual transaction volumes were scarce due to limited follow-up from buyers.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 409,000 | 412,000 | 410,500 | – |
| PrNd Mischmetal | CNY/ton | 504,000 | 507,000 | 505,500 | -1,000 |
| DyFe Alloy | CNY/kg | 1,580 | 1,600 | 1,590 | -10 |
| Tb Metal | CNY/kg | 7,100 | 7,200 | 7,150 | – |
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