On February 8th, the average quoted prices for PrNd Oxide and PrNd Mischmetal were 430,500 yuan per ton and 528,500 yuan per ton, respectively, marking increases of 7,000 yuan and 10,000 yuan compared to the previous day. The PrNd market continued its upward trend, with oxide prices rising and manufacturers maintaining high quotes. Cost-side support remained firm, driving corresponding increases in metal prices. Large magnet manufacturers actively participated in tenders, boosting market confidence and creating optimistic expectations among merchants.
The Dy and Tb markets also showed strength, with active oxide trading and rising mainstream quotes providing support for the metal market. Metal manufacturers raised their prices accordingly, while downstream magnet enterprises replenished stock as needed.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 429,000 | 432,000 | 430,500 | +7,000 |
| PrNd Mischmetal | CNY/ton | 527,000 | 530,000 | 528,500 | +10,000 |
| DyFe Alloy | CNY/kg | 1,630 | 1,650 | 1,640 | +10 |
| Tb Metal | CNY/kg | 7,400 | 7,500 | 7,450 | +50 |
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