Rare Earth Prices Rise: Pr-Nd Oxide and Alloy Up by 15,000 Yuan/mt MoM Amid Limited Supply

Published: Apr 7, 2026 11:51

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[SMM Rare Earth Price Update] As of now, Pr-Nd oxide was quoted at 765,000-770,000 yuan/mt, up 15,000 yuan/mt MoM, and Pr-Nd alloy was quoted at 915,000-935,000 yuan/mt, up 15,000 yuan/mt MoM. However, the price at which magnetic material enterprises inquired about Pr-Nd alloy was relatively lower with a wider spread, at 900,000-915,000 yuan/mt. Low-priced alloy supplies in the market were limited, downstream buyers adopted a wait-and-see attitude, and actual market transactions remained stagnant.

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