SHANGHAI, Apr 27 (SMM) - The prices of rare earth were stable with strong wait-and-see sentiment in the market as the Labour Day holiday approaches.

The prices of PrNd oxide and alloy continued to be weak with less market inquiries. The mainstream prices of Pr-Nd oxide stood between 850,000-855,000 yuan/mt and 852,000 yuan/mt respectively. The mainstream prices of PrNd oxide and alloy stood between 1.045-1.055 million yuan/mt. The mainstream prices of dysprosium oxide stood between 2.58-2.6 million yuan/mt with few market inquiries. The mainstream prices of dysprosium metal stood between 3.4-3.45 million yuan/mt as the prices of dysprosium oxide. The mainstream transaction prices of terbium oxide stabilised at 14.3-14.5 million yuan/mt. The mainstream prices of terbium metal stood between 17.8-18.3 million yuan/mt. The mainstream prices of gadolinium oxide stood between 430,000-440,000 yuan/mt. The mainstream prices of gadolinium iron stood between 440,000-450,000 yuan/mt. The mainstream prices of holmium ferroalloy stood between 1.21-1.26 million yuan/mt while the prices of holmium oxide were stable.