Commodity News
SunSirs: The Domestic Magnesium Ingot Market Continues to be Weak
March 21 2023 14:05:37On 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.
Related Information
- 2025-04-29 SunSirs: Magnesium Prices Fluctuated Narrowly Last Week, with Weak Trading (April 21-27)
- 2025-03-27 SunSirs: The Magnesium Prices Experienced a Weak Correction This Week (March 22-26)
- 2025-01-20 SunSirs: Magnesium Prices Remained Stable and Slightly Increased This Week (January 13-17)
- 2024-12-27 SunSirs: Magnesium Prices Slightly Decreased This Week
- 2024-12-24 SunSirs: Magnesium Prices Remained Stable in the Low Zone This Week
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