Magnesium ingot producers said supply remained steady despite some Fugu-based producers conducting summer maintenance over their facilities. This week magnesium ingot producers kept flat offers.

As magnesium producers of top production region-Fugun and Shenmu counties of Shaanxi province were seen with gradual summer maintenance over their facilities. Shanxi and Ningxia producers had kept normal operation

As magnesium producers said, top production region-Fugun and Shenmu counties of Shaanxi province were seen with producers’ ongoing summer maintenance over their facilities.

This week magnesium ingot producers had low level of spot materials and the general supply and demand relationship remained steady. Mainstream Shaanxi Mg99.90% price remaining

Export market of magnesium ran better with improved price at home and the approach of summer vacation in Europe

Mg Price Improved with Reduced Inventory in China

Mg price suffered moderate decline in China this week, with mainstream Shaanxi Mg99.90% price declining to RMB

Mg price suffered sharp decline in China this week, with mainstream Shaanxi Mg99.90% price declining to RMB14,600-14,700/mt(USD2,338-2,354/mt), non-pickling ex-work tax-inclusive price in cash,