[Ferro-Alloys.com] China and international magnesium metal market were still not warm, the price few to the cost line and many industries almost operated loss profit. Although some industries offer high, it dealt few actually, because purchasers made a discount.
This week, the price of Magnesium metal was RMB12500/MT-12600/MT in Wenxi, Ningxia was RMB12600/MT-12700/MT, and the export market was still not optimistic and many foreign traders were just inquiry and purchase few. Now the export price was about USD1980/MT-2030/MT, so the price has the fell trend.
So the price may still decline and many purchasers just bought for their demand and the market dealt few.
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- [Editor:tianyawei]
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