Zhi Tong Cai Jing·2026-03-03 07:20Group 1 - The stock price of Jinli Permanent Magnet (金力永磁) has dropped over 9%, currently trading at 22.88 HKD with a transaction volume of 301 million HKD [1] - The average price of praseodymium and neodymium oxide on March 2 was 860,600 RMB per ton, down by 19,200 RMB per ton; the average price of metallic praseodymium and neodymium was 1,054,500 RMB per ton, down by 16,300 RMB per ton [1] - Industry insiders believe that the price decline is a normal cyclical adjustment, primarily due to the rapid increase in mainstream product prices followed by a slow response in downstream demand [1] Group 2 - Previously, tight supply of praseodymium and neodymium raw materials, the strategic value of rare earths, and strong expectations for the market contributed to a bullish sentiment among suppliers, leading to price increases [1]