On March 20th, Asian Metal reported that the average quoted prices for PrNd Oxide and PrNd mischmetal remained unchanged at 444,500 yuan per ton and 544,500 yuan per ton, respectively, compared to the previous working day. The PrNd market remained relatively stable, with no significant fluctuations in supply and demand. At present, most merchants are adopting a wait-and-see approach, with low activity on both the upstream sales and downstream purchasing sides, leading to expectations that prices will remain stable in the short term.
The Tb metal market saw a decline, driven by insufficient oxide-side support and weak downstream demand, resulting in lower procurement prices and a noticeable price inversion for metal producers. Meanwhile, DyFe alloy prices remained stable, with the overall market exhibiting a weak yet steady trend.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 443,000 | 446,000 | 444,500 | – |
| PrNd Mischmetal | CNY/ton | 543,000 | 546,000 | 544,500 | – |
| DyFe Alloy | CNY/kg | 1,640 | 1,660 | 1,650 | – |
| Tb Metal | CNY/kg | 8,050 | 8,150 | 8,100 | – |
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