On February 11th, the average quoted prices for PrNd Oxide and PrNd Mischmetal remained steady at 438,500 yuan per ton and 535,500 yuan per ton, respectively, compared to the previous day. The PrNd market experienced a slight pullback after the recent rise, with oxide prices seeing a minor adjustment. Traders were more inclined to sell at lower prices, while cost-side support weakened. PrNd metal prices remained stable, with moderate inquiry activity, though actual transactions were limited, as downstream magnet enterprises mostly adopted a wait-and-see approach and replenished stock only as needed.
The Dy market weakened slightly, with both oxide prices and metal prices declining. Tb prices remained stable, with minimal fluctuations observed in the market.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 437,000 | 440,000 | 438,500 | – |
| PrNd Mischmetal | CNY/ton | 534,000 | 537,000 | 535,500 | – |
| DyFe Alloy | CNY/kg | 1,670 | 1,690 | 1,680 | – |
| Tb Metal | CNY/kg | 7,450 | 7,550 | 7,500 | – |
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