Market trend of magnesium market in 2020
| Chitosan oligosaccharide |
On August 19, 2020, the price of magnesium ingot (99.9%, no pickling, simple packaging) in the main production areas of China will run weakly and stably, with the overall range of 12800-13000 yuan / ton, and the actual order negotiation is mainly discussed.
The specific price ranges of each region are as follows:
The ex factory spot exchange including tax in fugu district is 12750-13000 yuan / ton; Taiyuan is 12850-12950 yuan / ton; Wenxi district is 13000-13000 yuan / ton; Ningxia area is 12800-12900 yuan / ton.
The magnesium ingot is the original magnesium ingot of national standard (GB / t3499-2011); it is not pickled, has no wooden pallet and does not pay the acceptance price, and the actual order negotiation is the main one.
According to the data of the business agency, the average price of the domestic market on the 19th was 12900 yuan / ton, a decrease of 0.26% compared with the average price of 12933.33 yuan / ton at the beginning of July (8.1) and 14166.67 yuan / ton at the beginning of July (1.1), a decrease of 8.94%. In recent years, the price of magnesium ingot is weak and stable, and the quotation of mainstream production areas has little change.
| ferric sulfate (Poly ferric sulphate) |
Weak demand for magnesium ingots in the first ten days of August
At present, the external quotation of magnesium ingot is basically stable. Due to the influence of cost factors, the willingness of mainstream manufacturers to reduce the quotation has moved down. However, due to the obstruction at the export end, the downstream customers of domestic demand just need to purchase, and the middlemen purchase sporadically, and the willingness to lower the price is strong, and the actual transaction price in the market is slightly loose.
The weak operation of magnesium ingots in the first ten days of August is mainly due to the poor demand. It is learned that there is not much trading in the market at present, and the domestic downstream manufacturers have relatively sufficient stock in the early stage. At present, they are basically purchasing on demand, and they are not willing to stock up in large quantities. Considering the cost factors, magnesium ingot manufacturers have little room for price reduction at present, and the game between supply and demand in the market is intensified.
Future forecast
Some factories may be shut down for maintenance, and the supply side has a certain positive effect on magnesium price, but based on the reality of weak demand, it is difficult for the demand side to improve significantly in the short term; supply pressure still exists in the short term. It is expected that the weak and stable operation will become normal in the later stage, and the change of downstream purchasing rhythm will be focused in the later stage.
| Benzalkonium chloride |