On January 8, the average quoted price for PrNd Oxide on Asian Metal decreased by 1,000 yuan per ton to 400,500 yuan per ton, while the average quoted price for PrNd mischmetal remained stable at 492,500 yuan per ton. The PrNd market operated on a weaker note, with oxide prices showing slight declines. High-level transactions faced pressure due to insufficient cost-side support, prompting a downward adjustment in metal prices. Inquiry activity remained low, and downstream magnet manufacturers exhibited limited purchasing capacity, contributing to average sales performance reported by metal producers.
The Dy and Tb markets remained stable at high levels, supported by firm oxide prices and moderate cost-side backing. Metal prices held steady with minimal fluctuations, as downstream magnet manufacturers maintained a focus on just-in-time procurement, reflecting cautious buying strategies.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 399,000 | 402,000 | 400,500 | -1,000 |
| PrNd Mischmetal | CNY/ton | 491,000 | 494,000 | 492,500 | – |
| DyFe Alloy | CNY/kg | 1,570 | 1,590 | 1,580 | – |
| Tb Metal | CNY/kg | 7,100 | 7,200 | 7,150 | – |
| |||||
