On December 23, the average quoted price for PrNd Oxide on Asian Metal increased by 2,000 yuan per ton to 394,500 yuan per ton, while the average quoted price for PrNd mischmetal remained stable at 489,500 yuan per ton. The PrNd market exhibited a slightly stronger trend, supported by a modest rise in upstream oxide prices. Low-priced offers became less prevalent, and purchases by leading enterprises helped boost market sentiment. Cost support improved, leading to upward adjustments in metal quotes, though the impact on actual transaction volumes remains to be seen.
The Dy and Tb markets remained generally stable, with few low-priced oxide spot offers available. Separation enterprises maintained stable quotes, and metal prices reflected this consistency. Inquiry activity in the market was moderate, but actual transactions remained limited, highlighting continued cautiousness among market participants.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 393,000 | 396,000 | 394,500 | +2,000 |
| PrNd Mischmetal | CNY/ton | 488,000 | 491,000 | 489,500 | – |
| DyFe Alloy | CNY/kg | 1,550 | 1,570 | 1,560 | – |
| Tb Metal | CNY/kg | 6,950 | 7,050 | 7,000 | – |
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