On January 20th, the average quoted price for PrNd Oxide remained steady at 409,500 yuan per ton, while the price for PrNd mischmetal rose by 5,000 yuan, reaching 506,500 yuan per ton. The PrNd market remained stable as the Chinese New Year approached and logistics operations began to slow down. Inquiry activity remained quiet, and market sentiment was calm, with traders predominantly adopting a wait-and-see approach. Metal manufacturers showed reluctance to adjust prices, keeping mainstream pricing stable.
The Dy and Tb oxide markets experienced narrow price fluctuations, with metal manufacturers maintaining stable quotes. Inquiry activity remained weak, resulting in limited actual transactions.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 408,000 | 411,000 | 409,500 | – |
| PrNd Mischmetal | CNY/ton | 505,000 | 508,000 | 506,500 | +5,000 |
| DyFe Alloy | CNY/kg | 1,620 | 1,640 | 1,630 | – |
| Tb Metal | CNY/kg | 7,250 | 7,350 | 7,300 | – |
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