The Price of Magnesium Metal and The Export Volume Fell(Nov 30th- Dec 4th)

  • Monday, December 7, 2015
  • Source:ferro-alloys.com

  • Keywords:Mg magnesium metal
[Fellow][Ferro-Alloys.com] Magnesium metal market turnover downturn, falling prices, the current price has dropped in August from 12,700 yuan / ton, 12,800 yuan / ton to the current 12,000 yuan / ton level, sustained fall in prices at present domestic prices, upstream...

[Ferro-Alloys.com] Magnesium metal market turnover downturn, falling prices, the current price has dropped in August from 12,700 yuan / ton, 12,800 yuan / ton to the current 12,000 yuan / ton level, sustained fall in prices at present domestic prices, upstream FeSi prices continued to fall so that the metal magnesium price setback, but traders said shipping difficulties.

According to the China Nonferrous Metals Industry Association statistics, in 2015 from January to October the Chinese Communist 672,900 tons of primary magnesium, down 4.74%. Shaanxi Province in which the cumulative production of 309,200 tons, down 5.12%; cumulative production of 166,000 tons in Shanxi Province, down 16.10 percent; cumulative production of 101,800 tons of Ningxia region, an increase of 29.67%. January to October, China ingot exports 173,300 tons, down 6.13%.

The following is the October 2015 top ten importing countries ingot Country:

Country

Volume

Value

Japan

12856286

29657435

Netherlands

2658048

623923

Canada

2716933

6003820

India

1077590

2230529

Korea

842758

2064552

Slovenia

829603

2044796

Germany

814009

1648648

Taiwan

573980

1299750

Malaysia

387920

1186280

UAE

303001

835287

Total

23419880

48335410

 

  • [Editor:tianyawei]

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