On August 4, 2025, Asian Metal reported that the average quoted price of PrNd Oxide stood at 531,500 yuan per ton, unchanged from the previous trading day, while the average quoted price of PrNd mischmetal reached 641,500 yuan per ton, marking an increase of 6,000 yuan per ton. The PrNd market experienced upward price movement due to tightening low-priced supplies and moderate cost-side support, with PrNd mischmetal quotations also trending higher. However, downstream magnet manufacturers exhibited limited interest in buying at these elevated levels. Metal producers maintained firm offers and showed reluctance to reduce prices. As magnet manufacturers initiated successive bidding rounds, many merchants adopted a wait-and-see approach pending the outcomes.
The Dy and Tb markets remained weak yet stable, with minimal changes in overall conditions. Downstream magnet manufacturers primarily focused inquiries on price reductions, and winning bids from leading producers stayed at low levels.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 530,000 | 533,000 | 531,500 | – |
| PrNd Mischmetal | CNY/ton | 640,000 | 643,000 | 641,500 | +6,000 |
| DyFe Alloy | CNY/kg | 1,570 | 1,590 | 1,580 | -10 |
| Tb Metal | CNY/kg | 8,750 | 8,850 | 8,800 | – |
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