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 month (21400.00 RMB/ton).

According to the monitoring of SunSirs, as of the 20th, the average market price of magnesium ingots in China was 20600 RMB/ton, down 1.28% on a weekly basis. This week, the domestic magnesium ingot market continued to be weak, and the price of magnesium was affected by demand. The quotation was continuously lowered, with a decrease of around 300 RMB/ton.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.