Last week, Pr-Nd oxide prices continued to drop. The mainstream prices of Pr-Nd oxide fluctuated downward from 398,000-401,000 yuan/mt on May 16 to 386,000-388,000 yuan/mt on May 23, down approximately 3.1% WoW. Pr-Nd alloy prices also decreased from 495,000-500,000 yuan/mt on May 16 to 483,000-485,000 yuan/mt on May 23, down approximately 2.7% WoW.
Some rare earth metal enterprises had low demand, leaving traders lowering prices to sell. The overall market adopted a wait-and-see stance. Although Pr-Nd prices fell last week, the decline has slowed down recently. As separation plants were not willing to offer further discounts, Pr-Nd prices are expected to stabilize soon.

![Harga sisi bijih sedikit naik, Pr-Nd terkonsolidasi dalam kebuntuan, dan skrap naik terlebih dahulu kemudian stabil [Tinjauan Mingguan Rare Earth Daur Ulang SMM]](https://imgqn.smm.cn/usercenter/tXtym20251217171745.jpeg)
![Harga bijih sedikit naik, Pr-Nd terkonsolidasi, dan rare earth menengah-berat bervariasi [Tinjauan Mingguan Rare Earth SMM]](https://imgqn.smm.cn/usercenter/fpsaU20251217171745.jpeg)
