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Location:Market Analysis

Magnesium Market Weekly Analysis

Source : Published: 2016-06-28

Magnesium ingot prices remain stable in this week in Shannxi Fugu place。 Caused this situation has two reasons。 On the one hand the buyer purchase large amounts of magnesium ingot that use for export that before a few weeks。 So the price changed from 12600RMB to 13300 RMB now。 Magnesium ingot is stable in domestic demand, so the price more highly the buyer more less that based on market present 。 On the other hand factory cash flow stress that it means the price remain stable more likely can avoid to factory poor sells。 Now the factory stock is low level, the buyer’s not so much ,the price remain stable at least this week。

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