The magnesium market is running smoothly and the transaction is slowing down

Today’s metal magnesium market as a whole to maintain a stable trend of operation, the offer remains strong, most manufacturers do not ship at low prices, 99.90% magnesium ingot Shaanxi mainstream factory cash including tax 16000 yuan/ton or so, mainstream transaction price 15950-16000 yuan/ton, other areas to follow a small adjustment, Shanxi Wenxi magnesium ingot mainstream factory cash including tax 16200-16300 yuan/ton.

In terms of the factory, the manufacturer is supported by the cost, the mainstream offer remains strong, and some manufacturers can negotiate the price alone, but the current market has less low-cost supplies, and there are no new production maintenance enterprises this week, basically maintaining the production situation last week.

In terms of demand, the metal magnesium export market is calm, FOB quotation follows the domestic market, basically maintaining between 2220-2260 US dollars/ton, the main export destination Europe enters the winter holiday, overseas inquiries are reduced, export traders said that the main order has been signed last week, the recent delivery is mainly. Rotterdam warehouse prices are currently stable at about $2,400 / ton, and it is expected that export prices will remain stable in the short term, with limited room for price reduction.

In terms of raw materials, raw material prices are weak and stable, cost support is weak, 75 iron silicon Shaanxi mainstream factory price 6300-6400 yuan/ton, blue charcoal Shenmu small material 745-800 yuan/ton, Shanxi Wutaishan dolomite factory price 180-200 yuan/ton.

Overall, the current stalemate between supply and demand in the metal magnesium market still exists, the downstream demand has no obvious growth point, the market lacks upward momentum, and the industry is mainly wait-and-see. The cost side is weak and stable operation, there is no obvious support, but at present, the manufacturer considers the production cost situation, the quotation remains strong, the low-cost supply is reduced, and the price space is expected to be limited in the later period, and the magnesium market is mainly run in the weak and stable trend in the short term.