Market trend of magnesium market in 2020
| Benzalkonium chloride |
On December 4, 2020, the price of magnesium ingot (99.9%, no pickling, simple packaging) in the main production areas of China will be strong, with the overall range of 14000-14400 yuan / ton, and the actual order negotiation is the main one.
The specific price ranges of each region are as follows:
The ex factory spot exchange including tax in fugu district is 14100-14300 yuan / ton; in Taiyuan area, it is 14200-14300 yuan / ton; in Wenxi area, it is 14300-14400 yuan / ton; in Ningxia area, it is 14100-14200 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 business agency, the average price of domestic magnesium ingot Market on December 4 was 14266.67 yuan / ton, an increase of 4.90% compared with the average market price of 13600 yuan / ton at the beginning of the month, 15.68% higher than the average price of 12333.33 yuan / ton at the beginning of the year, and 14166.67 yuan / ton at the beginning of the year (1.1), an increase of 0.71%.
Ferrosilicon skyrocketed in the afternoon
Affected by Ningxia Zhongwei factory peak production news, ferrosilicon prices skyrocketed in the afternoon, futures prices up and down. It is reported that Ningxia Zhongwei alloy plant will implement production restriction in winter, starting from 12 o’clock tonight. According to the document of Zhongwei industry and Information Bureau, the production restriction details are as follows: Yinhe 3 stops 2 sets, Xinhua 6 sets stops 3 sets, Hefa 2 sets stops 1 set, da you 2 sets stops 1 set, Yuexin 3 sets stops 1 set, Maoye 7 sets stops 2 sets, Sanyuan 6 sets stops 2 sets, CUHK chemical industry stops 1 set, Zhongtai 2 sets stops 1 set.
The contents of the document are as follows:
Fugu magnesium Union and orchid carbon Association save themselves
It is reported that the prices of various raw materials for the production of raw magnesium and coke powder (blue carbon and clean carbon) have been rising continuously, especially the soaring price of raw coal, which makes the high production cost even worse. The production cost is seriously inversely linked with the sales price, and the production and operation pressure has increased sharply, and the situation is grim. Therefore, Fugu Magnesium Association and orchid charcoal Association held an emergency meeting at 9:00 a.m. on December 3, 2020 to analyze the current market situation and discuss countermeasures.
Affected by the news, the price of magnesium ingot rose sharply.
Previously, affected by the epidemic situation, the export of magnesium ingots was not smooth, and the demand of downstream automobile industry was weak in the first half of the year. The demand for new magnesium alloy was weak, and the price of magnesium fell continuously from January to September. Note: high proportion of domestic magnesium ingot
In the middle and late September, the price of magnesium ingot hit the bottom. It is reported that the average price in the third quarter dropped to 12700 yuan / ton, with a 3.3% month on month decrease and 14.7% year-on-year decrease. Magnesium smelting profit (after tax) fell to the low level of 775 yuan / ton, down 60.3% compared with the beginning of the year.
In late September, the influencing factors of cost side factors were enlarged, the price was low, the profit was meager, the magnesium plant’s willingness to stand up for price rose, and the price was tentatively raised for shipment; subsequently, the long short game intensified, and the platform was in shock operation.
In the middle of November, foreign orders were purchased intensively, and the number of inquiries increased. The second round of rebound market started. After nearly two weeks of pulling up, the market gradually entered the stage of long short stalemate. Market trading performance slowed down compared with the previous period, and downstream customers began to operate cautiously.
At the beginning of December, the willingness of Magnesium Ingot Industry Group to support the price rose, and the price rose sharply.
Future forecast
Ye Jianjun, an analyst at the business agency, predicted that the operation probability would increase in the near future, with the fluctuation range of 13800-15000 yuan / ton.
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