On January 16th, the average quoted prices for PrNd Oxide and PrNd mischmetal on Asian Metal remained stable at 409,500 yuan per ton and 501,500 yuan per ton, respectively. The PrNd market experienced slight adjustments, with oxide prices declining from their previous high levels. Market sentiment weakened, and inquiry activity decreased as cost-side support moderated. Metal prices remained stable, with downstream magnet manufacturers nearing the end of their procurement cycle, leading to minimal market fluctuations.
In the Dy and Tb markets, oxide prices shifted lower due to insufficient cost-side support. High-level sales faced increased pressure, while metal prices remained largely stable. Metal manufacturers kept their quotes elevated, but downstream purchasing interest was low, resulting in limited transaction activity.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 408,000 | 411,000 | 409,500 | – |
| PrNd Mischmetal | CNY/ton | 500,000 | 503,000 | 501,500 | – |
| DyFe Alloy | CNY/kg | 1,620 | 1,640 | 1,630 | – |
| Tb Metal | CNY/kg | 7,250 | 7,350 | 7,300 | – |
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