Pr-Nd oxide price recovered last week, moving from 397,000-400,000 yuan/mt to 400,000-403,000 yuan/mt, up 0.75% WoW. Pr-Nd alloy price adjusted slightly from 490,000-495,000 yuan/mt to 490,000-500,000 yuan/mt, up about 0.5% WoW.
Pr-Nd prices stabilized and rose as major producers stocked up, prompting metal factories to accumulate pre-Spring Festival inventory. This led to a more active market with a higher number of inquiries, resulting in a slight uptick in Pr-Nd prices.

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