On October 31, 2025, Asian Metal reported that the average quoted price of PrNd Oxide stood at 525,500 yuan per ton, unchanged from the previous trading day, while the average quoted price of PrNd mischmetal climbed to 645,500 yuan per ton, up by 10,000 yuan per ton over the same period. The PrNd market notched a subtle retreat, amid scarce affordable spot inventories, reasonable cost trajectories, fair exploration interest at metal plants, yet underpinned by favorable policy signals, steadfast proposals from key facilities, and minimal appetite for deliveries at reversed pricing.
The Dy and Tb arenas advanced, driven by external updates, featuring upward drifts in oxide hubs and corresponding asks from metal producers; magnet entities downstream exhibited muted acceptance zeal, chiefly adopting an observational approach.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 523,000 | 528,000 | 525,500 | – |
| PrNd Mischmetal | CNY/ton | 643,000 | 648,000 | 645,500 | +10,000 |
| DyFe Alloy | CNY/kg | 1,510 | 1,530 | 1,520 | -30 |
| Tb Metal | CNY/kg | 8,250 | 8,350 | 8,300 | – |
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