On December 16, the average quoted price for PrNd Oxide on Asian Metal dropped by 1,000 yuan per ton to 408,500 yuan per ton, compared to the previous working day. The average quoted price for PrNd mischmetal also decreased by 1,000 yuan per ton to 502,500 yuan per ton. The PrNd market continued its weak downward trend, with upstream oxide prices declining and lacking sufficient cost support. Metal prices were adjusted downward accordingly, as new orders from downstream magnet manufacturers remained limited and purchasing momentum stayed weak. Metal producers faced ongoing pressure, struggling with difficulties in actual sales.
The Dy and Tb markets remained stable, with minimal price fluctuations. Seller quotes held steady, but overall market activity was relatively low.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 407,000 | 410,000 | 408,500 | -1,000 |
| PrNd Mischmetal | CNY/ton | 501,000 | 504,000 | 502,500 | -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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