On February 6th, the average quoted prices for PrNd Oxide and PrNd mischmetal were 418,500 yuan per ton and 513,500 yuan per ton, respectively, marking an increase of 3,000 yuan and 2,000 yuan from the previous day. The PrNd market showed a slightly stronger trend, with more magnetic material enterprises resuming operations. There was an increase in inquiries for restocking, and metal manufacturers adjusted their prices in line with rising oxide prices. Low-priced products were in short supply, and metal prices were trending upwards.
The Dy and Tb markets remained stable, with low activity levels. Some magnetic manufacturers were still on holiday, leading to a limited number of inquiries and slower-than-expected order fulfillment. Some businesses were in a wait-and-see mode.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 417,000 | 420,000 | 418,500 | +3,000 |
| PrNd Mischmetal | CNY/ton | 512,000 | 515,000 | 513,500 | +2,000 |
| DyFe Alloy | CNY/kg | 1,620 | 1,640 | 1,630 | – |
| Tb Metal | CNY/kg | 7,250 | 7,350 | 7,300 | – |
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