On March 9, the magnesium market recovered

Magnesium ingot price list

 

Market analysis

 

According to the data monitoring of the business agency, the ex factory tax price of 99.9% of the mainstream areas was 42666.67 yuan / ton on the 9th, down 0.39% on the previous trading day. Compared with Monday, the price rose by about 500 yuan per ton, and the price of magnesium ingots gradually warmed up.

 

Thiourea

According to the market feedback, recently, some users who just need to enter the market for purchase have increased inquiry purchase, the market transaction has improved, and the price has begun to rebound. In terms of supply and demand, the inventory pressure of the magnesium plant itself is small, and the merchants are in a strong mood to support the price. Today, the general quotation is 43000-44000 yuan / ton; After the downstream customers experienced centralized replenishment, the procurement rhythm slowed down, and the rise of magnesium ingots was limited. In terms of cost, the recent strong operation of upstream lump coal has supported the rising price of blue carbon, the good development of ferrosilicon market, and the raw material cost has promoted the rise of magnesium ingot price.

 

Business analysts believe that in the short term, the price increase of magnesium ingots is limited and the operation is volatile.

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