[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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