According to statistics from the General Administration of Customs, in July 2023, China exported 37000 tons of various magnesium products, a decrease of 4.15% compared
Price trend
According to the monitoring of SunSirs, as of the 21st, the average price of domestic magnesium ingot market was 21,000 RMB/ton, a decrease
Price trend
According to the monitoring of SunSirs, as of the 17th, the average price of magnesium ingots in the domestic market was 21,066.67 RMB/ton,
Although most non-ferrous metals declined, copper and gold prices were relatively strong. Among them, copper increased by 2.93% in the first half of the year,
Analysis review
The overall weakness of the non-ferrous metal market in the past six months is mainly due to three reasons:
Macroscopically weak. The intensity of the
Price trend
According to the monitoring of SunSirs, as of the 25th, the average price of domestic magnesium ingot market was 20,766.67 RMB/ton, a decrease
Price trend
According to the monitoring of SunSirs, as of the 26th, the average market price of domestic magnesium ingot was 24,100 RMB/ton, a decrease of
Price trend
According to the monitoring of SunSirs, as of the 22nd, the average price of magnesium ingots in the domestic market was 25,666.67 RMB/ton,
Latest price of magnesium (5-8): 27433.33 RMB/ton, bullish in the future
Analysis points: On May 8th, the average price of domestic magnesium ingot market increased by
Price trend
According to the Commodity Market Analysis System of SunSirs, as of the 8th, the average price of magnesium ingots in the domestic market was
Latest price of magnesium (4-24): 24500 RMB/ton, bearish in the future
Analysis points: On the 24th, the average price of domestic magnesium ingot market was 24500
Price trend
According to the monitoring of SunSirs, as of the 10th, the average price of magnesium ingots in the domestic market was 21,900 RMB/ton, with
On March 20th, the benchmark price of magnesium for the business community was 20600.00 RMB/ton, a decrease of -3.74% compared to the beginning of this
Price trend
According to the monitoring of SunSirs, as of the 13th, the average price of domestic magnesium ingot market was 20,900 RMB/ton, down 0.79%
Recently, the National Bureau of Statistics released the market price changes of important means of production in the circulation sector in late February 2023. Non-ferrous