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Magnesium Market Weekly Analysis

Source : Published: 2014-02-24

Due to the recent the demand is rare, the stock market is still, with increased funding pressures at the end of the factory, ferrosilicon prices fall so negative factors lead magnesium prices steady loose. However, considering the current market as a whole is still manageable inventory levels, and the price has been to the bottom line, magnesium prices are expected to decline much space this week, the market will remain vulnerable to safeguard stability based, Comprehensive above factors, the forecast this week ingot tax prices remained at 14,800 yuan per/ tons

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