Pr-Nd oxide prices dropped last week. Mainstream Pr-Nd oxide prices fluctuated downward from 405,000-407,000 yuan/mt on May 9 to 398,000-401,000 yua/mt on May 16, down 1.6% WoW. Pr-Nd alloy prices declined from 502,000-505,000 yuan/mt on May 9 to 495,000-500,000 yuan/mt on May 16, down 1.2% WoW.
Previous price speculation caused artificially high Pr-Nd prices, and downstream orders were still limited. Sellers, fearing a future price drop, started to offload cargoes, leading to a decline in Pr-Nd prices.

![Prix des terres rares en ordre dispersé ; le sentiment d'attentisme en aval reste fort [Revue quotidienne SMM des terres rares]](https://imgqn.smm.cn/usercenter/rqOXm20251217171744.jpeg)
