On December 17, the average quoted price for PrNd Oxide on Asian Metal fell by 2,000 yuan per ton to 406,500 yuan per ton, compared to the previous working day. The average quoted price for PrNd mischmetal decreased by 1,000 yuan per ton to 501,500 yuan per ton. The PrNd market continued its weak trend, with insufficient support from the upstream oxide market. Mainstream quotes remained at low levels, and metal prices were adjusted downward accordingly. Inquiry activity was extremely sluggish, making it difficult for metal producers to secure sales. Market sentiment remained pessimistic, reflecting ongoing challenges in the market.
The Dy and Tb markets also experienced declines, with oxide prices shifting lower and overall market performance remaining weak. Metal prices followed the downward trend, reflecting soft demand across both markets.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 405,000 | 408,000 | 406,500 | -2,000 |
| PrNd Mischmetal | CNY/ton | 500,000 | 503,000 | 501,500 | -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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