On February 21st, the average quoted price for PrNd Oxide and PrNd mischmetal remained stable at 443,500 yuan per ton and 543,500 yuan per ton, respectively, compared to the previous working day. The PrNd market showed narrow fluctuations, with oxide prices briefly spiking before retreating. Inquiry activity declined, and manufacturers faced pressure in selling at higher prices. Cost-side support remained moderate, and metal prices remained stable. Downstream order follow-up was slow, with metal producers still under pressure in selling at high levels.
The Dy and Tb markets saw slight fluctuations. Tb metal prices remained firm, but downstream procurement capacity was limited, leading to fewer actual transactions. Dy Oxide prices slightly decreased, while DyFe alloy prices stayed stable.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 442,000 | 445,000 | 443,500 | – |
| PrNd Mischmetal | CNY/ton | 542,000 | 545,000 | 543,500 | – |
| DyFe Alloy | CNY/kg | 1,690 | 1,710 | 1,700 | – |
| Tb Metal | CNY/kg | 7,550 | 7,650 | 7,600 | – |
| |||||
