On November 21, 2025, Asian Metal reported that the average quoted price of PrNd Oxide stood at 549,500 yuan per ton, down by 5,000 yuan per ton from the prior trading day, while the average quoted price of PrNd mischmetal stayed at 675,500 yuan per ton, unchanged over the same period. The PrNd market turned weak, with upstream oxide prices moving lower, more active promotions, low buying prices, not enough cost support, easing PrNd mischmetal offers, downstream magnet companies’ procurement close to ending, and falling inquiry interest.
The Dy and Tb markets stayed weak, with DyFe alloy offers dropping, not enough oxide backing, soft demand levels, and a low trading setting. Tb offers moved weakly stable, with few market changes.
| Product | Unit | Low | High | Average | Movement |
| PrNd Oxide | CNY/ton | 547,000 | 552,000 | 549,500 | -5,000 |
| PrNd Mischmetal | CNY/ton | 673,000 | 678,000 | 675,500 | – |
| DyFe Alloy | CNY/kg | 1,450 | 1,470 | 1,460 | -10 |
| Tb Metal | CNY/kg | 8,050 | 8,150 | 8,100 | -100 |
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