Magnesium market trend

On April 15, 2021, the price range of magnesium ingots (99.9%, non pickling, simple packaging) ex factory cash including tax in the main production areas of China is generally 15500-15900 yuan / ton, mainly through actual single negotiation.

The specific price range of each region is as follows:

In fugu, the ex factory spot exchange including tax is 15500-15700 yuan / ton; in Taiyuan, 15700-15800 yuan / ton; in Wenxi, 15800-15900 yuan / ton; in Ningxia, 15650-15700 yuan / ton.

Magnesium ingot is original magnesium ingot according to national standard (GB / t3499-2011); non pickling, no wooden pallet and non payment acceptance price, mainly based on single negotiation.

According to the data of the business association, the average market price of the main production areas on the 15th was 15566.67 yuan / ton, up slightly from the quotation at the beginning of the month.

This week, the supply and demand of magnesium ingot Market is relatively stable, with little trading volume. Downstream processing enterprises mainly purchase on demand. At present, the operating rate is relatively stable. At the beginning of this month, downstream purchasing drives the turnover of magnesium ingots in the market. In addition, magnesium enterprises in the main production areas do not have much inventory at present, so they are still willing to support the price. The price of magnesium ingots rose slightly last week.