On January 9, the domestic ex-factory reference price of holmium-iron alloy increased by 2,500 yuan/ton, currently quoted at 505,000–515,000 yuan/ton, with an average price of 510,000 yuan/ton. PriceSeek's analysis of holmium-iron alloy gives a bullish-bearish score of 1.5. The article reports that the domestic ex-factory reference price of holmium-iron alloy has risen by 2,500 yuan/ton, with the current quotation at 505,000–515,000 yuan/ton and an average price of 510,000 yuan/ton. This indicates tight market supply or increased demand, which significantly benefits spot prices, possibly due to rising costs of rare earth raw materials or a recovery in demand from downstream industries. Spot prices directly benefit from the price increase, favoring holders and producers.