On March 3rd, the average quoted prices for PrNd Oxide and PrNd Mischmetal on Asian Metal remained unchanged from the previous working day at 445,500 yuan per ton and 545,500 yuan per ton, respectively. The PrNd market continued to operate steadily. At the start of the week, many merchants adopted a wait-and-see approach, with stable oxide quotes supported by moderate cost-side backing, which in turn helped maintain stable metal prices. Downstream magnet manufacturers primarily replenished stock based on immediate demand.
The Dy market remained stable with minimal fluctuations. Tb Oxide prices experienced a slight increase, with low-priced spot supplies becoming scarce, while Tb metal quotes held steady.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 444,000 | 447,000 | 445,500 | – |
| PrNd Mischmetal | CNY/ton | 544,000 | 547,000 | 545,500 | – |
| DyFe Alloy | CNY/kg | 1,670 | 1,690 | 1,680 | – |
| Tb Metal | CNY/kg | 7,850 | 7,950 | 7900 | – |
| |||||
