On January 9, the average quoted prices for PrNd Oxide and PrNd mischmetal on Asian Metal remained stable at 400,500 yuan per ton and 492,500 yuan per ton, respectively. Despite this stability, PrNd prices showed a downward trend, driven by insufficient support from oxides and declining quotes. Low-priced sales from traders increased, while inquiry activity in the metal market stayed low. Manufacturers faced selling pressure, and the absence of positive news prompted further price adjustments in the market.
The Dy and Tb markets also weakened, reflecting a general decline in market sentiment. Oxide quotes trended downward, and metal prices followed suit. Inquiry activity in these segments was subdued, with actual transactions remaining limited, highlighting ongoing challenges in demand and market activity.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 399,000 | 402,000 | 400,500 | – |
| 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 | – |
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