On December 13, the average quoted price for PrNd Oxide on Asian Metal remained steady at 409,500 yuan per ton, unchanged from the previous working day. However, the average quoted price for PrNd mischmetal decreased by 1,000 yuan per ton to 503,500 yuan per ton. The PrNd market continued its weak trend, with oxide prices holding steady amid limited market quotations and subdued inquiry activity. PrNd mischmetal prices saw a slight downward adjustment, accompanied by a decrease in downstream inquiries. Significant price inversions persisted, with manufacturers issuing few proactive quotations, leading to sparse transactions.
The Dy and Tb markets also showed signs of weakness, with upstream oxide prices fluctuating. Market inquiries were mainly driven by immediate needs, while low-priced spot supplies remained scarce. Metal quotations experienced a slight decline, with limited inquiries and insufficient follow-through on actual transactions.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 408,000 | 411,000 | 409,500 | – |
| PrNd Mischmetal | CNY/ton | 502,000 | 505,000 | 503,500 | -1,000 |
| DyFe Alloy | CNY/kg | 1,580 | 1,600 | 1,590 | – |
| Tb Metal | CNY/kg | 7,050 | 7,150 | 7,100 | – |
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