Magnesium price stabilized on January 26

Magnesium market trend

 

povidone Iodine

On January 26, 2021, the price of magnesium ingots (99.9%, non pickling, simple packaging) in the main production areas of China stabilized in cash including tax, with the overall range of 14100-14400 yuan / ton, mainly through real order negotiation.

 

The specific price range of each region is as follows:

 

In fugu area, the ex factory spot exchange including tax is 14100-14400 yuan / ton; in Taiyuan area, the spot exchange is 14300-14400 yuan / ton; in Wenxi area, the spot exchange is 14400-14500 yuan / ton; in Ningxia area, the spot exchange is 14100-14300 yuan / ton.

 

Magnesium ingot is original magnesium ingot according to national standard (GB / t3499-2011); non pickling, no wooden pallet and non payment acceptance price, mainly based on single negotiation.

 

Near the Spring Festival, the downstream stock demand slightly improved, and some magnesium ingot manufacturers do not have much inventory. They are determined to support the price. It is expected that they will stabilize in the near future, and some manufacturers will increase slightly.

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