On March 5th, the average quoted prices for PrNd Oxide and PrNd Mischmetal on Asian Metal remained unchanged from the previous working day at 442,500 yuan per ton and 541,500 yuan per ton, respectively. The PrNd market operated steadily, with upstream oxide prices holding stable and cost-side support remaining moderate. Metal prices were weakly stable, with downstream magnet manufacturers hesitant to purchase and applying significant price pressure, leaving metal producers under ongoing pressure.
Dy prices remained stable with minimal fluctuations, while high-level sales faced sluggish demand. Meanwhile, the Tb market held firm, with merchants maintaining bullish sentiment, mainstream quotes staying high, and low-priced spot supplies remaining scarce.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 441,000 | 444,000 | 442,500 | – |
| PrNd Mischmetal | CNY/ton | 540,000 | 543,000 | 541,500 | – |
| DyFe Alloy | CNY/kg | 1,660 | 1,680 | 1,670 | – |
| Tb Metal | CNY/kg | 7,950 | 8,050 | 8,000 | – |
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