On February 12th, the average quoted price for PrNd Oxide decreased by 4,000 yuan to 434,500 yuan per ton, while the price for PrNd Mischmetal remained stable at 535,500 yuan per ton. The PrNd market remained strong, with oxide prices showing a slight increase. Inquiry activity in the market was active, and manufacturers maintained firm quotes, supported by cost-side factors. Metal prices adjusted accordingly, though downstream magnet enterprises primarily replenished stock for locked-in orders and remained cautious with new purchases.
The Dy and Tb markets remained stable, with minimal price fluctuations. Procurement prices were at low levels, and metal manufacturers reported moderate sales performance.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 433,000 | 436,000 | 434,500 | -4,000 |
| 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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