On March 7th, the average quoted prices for PrNd Oxide and PrNd mischmetal on Asian Metal remained unchanged from the previous working day at 441,500 yuan per ton and 539,500 yuan per ton, respectively. The PrNd market continued to show weak performance, with oxide prices holding steady at lower levels. Metal manufacturers focused on low-cost procurement, supported by moderate cost-side factors. However, weak downstream demand weighed on the metal market, leading to declining quoted prices, lower overall transaction volumes, and subdued transaction prices.
DyFe alloy prices declined, with procurement activity concentrated at lower price levels, while high-priced transactions remained sluggish. Meanwhile, Tb metal prices held steady as the market entered a consolidation phase, with minimal price fluctuations.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 440,000 | 443,000 | 441,500 | – |
| PrNd Mischmetal | CNY/ton | 538,000 | 541,000 | 539,500 | – |
| DyFe Alloy | CNY/kg | 1,640 | 1,660 | 1,650 | – |
| Tb Metal | CNY/kg | 7,950 | 8,050 | 8,000 | – |
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