On February 18th, the average quoted price for PrNd Oxide remained steady at 433,500 yuan per ton, while the price for PrNd mischmetal decreased by 2,000 yuan to 533,500 yuan per ton. The PrNd market operated on a weaker note, with PrNd Oxide prices decreasing. Cost-side support was insufficient, leading to a corresponding reduction in metal prices. Inquiry activity was low, and magnet manufacturers focused on low-priced purchases, while metal producers struggled to sell their products.
The Dy market remained stable, with Tb Metal prices moving down from high levels. Downstream purchasing at elevated prices was limited due to lower demand.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 432,000 | 435,000 | 433,500 | – |
| PrNd Mischmetal | CNY/ton | 532,000 | 535,000 | 533,500 | -2,000 |
| DyFe Alloy | CNY/kg | 1,670 | 1,690 | 1,680 | – |
| Tb Metal | CNY/kg | 7,450 | 7,550 | 7,500 | – |
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