This week, the decline in Pr-Nd oxide prices narrowed. During the week, the mainstream prices of Pr-Nd oxide dropped from last Thursday's 386,000-388,000 yuan/mt to this Thursday's 375,000-377,000 yuan/mt, a decrease of about 2.8% WoW. The Pr-Nd alloy prices decreased from last Thursday's 483,000-485,000 yuan/mt to this Thursday's 460,000-465,000 yuan/mt, a decrease of about 4.4% WoW.
As the downstream inquiries in the rare earth metal market were still sluggish, market sentiment remained pessimistic. Downstream magnetic material enterprises made low-price inquiries amid sluggish orders, while rare earth metal enterprises provided fewer quotations amid limited spot inventories.
![[SMM Tóm tắt cuộc họp buổi sáng đất hiếm] Pr-Nd và Dy-Tb đồng loạt giảm, kim loại theo đà giảm với giao dịch trì trệ, và các hợp đồng dài hạn cho vật liệu từ đã lấn át nhu cầu đơn hàng giao ngay.](https://imgqn.smm.cn/usercenter/UoswK20251217171743.jpeg)


