On December 12, the average quoted price for PrNd Oxide on Asian Metal decreased by 1,000 yuan per ton to 409,500 yuan per ton compared to the previous working day. Similarly, the average quoted price for PrNd mischmetal also dropped by 1,000 yuan per ton to 504,500 yuan per ton. The PrNd market remained relatively stable, with oxide prices holding weakly steady and moderate market activity. PrNd metal prices moved lower, and downstream purchasing activity continued to decrease. Metal producers experienced significant price inversions, and actual transactions remained limited.
The Dy and Tb markets showed signs of resilience, with upstream oxide prices recovering. The spot market displayed moderate heat, but low-priced spot supplies tightened. Metal prices held steady for the time being. Despite this, inquiry activity remained limited, and actual transactions followed a weak trend.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 408,000 | 411,000 | 409,500 | -1,000 |
| PrNd Mischmetal | CNY/ton | 503,000 | 506,000 | 504,500 | -1,000 |
| DyFe Alloy | CNY/kg | 1,580 | 1,600 | 1,590 | – |
| Tb Metal | CNY/kg | 7,050 | 7,150 | 7,100 | -50 |
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