On February 7th, the average quoted prices for PrNd Oxide and PrNd mischmetal were 423,500 yuan per ton and 518,500 yuan per ton, respectively, both increasing by 5,000 yuan compared to the previous day. PrNd prices continued to rise, with a moderate number of inquiries from magnetic material companies. Market activity remained stable, with metal manufacturers increasing their prices in line with rising oxide prices. The availability of low-priced products tightened, and the overall trend for PrNd mischmetal remained strong.
The Dy and Tb markets also saw price increases, with moderate market activity. Metal manufacturers raised their prices, and magnetic material companies made inquiries based on their needs, though only a small number of transactions followed up.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 422,000 | 425,000 | 423,500 | +5,000 |
| PrNd Mischmetal | CNY/ton | 517,000 | 520,000 | 518,500 | +5,000 |
| DyFe Alloy | CNY/kg | 1,620 | 1,640 | 1,630 | – |
| Tb Metal | CNY/kg | 7,350 | 7,450 | 7,400 | +100 |
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