📌 Magnesium Market Update

Advisory Bazaar Info Services

🔹 Magnesium Raw Material (China)

Wutai dolomite prices remained stable. Supply of high-grade dolomite has tightened due to production curbs by major producers. Strong operating rates at magnesium plants are keeping demand firm. Ferrosilicon prices are expected to fluctuate within a narrow range.

🔹 Magnesium Ingot (China)

Prices in the Fugu region increased by 200 yuan/MT to 16,500 yuan/MT. Suppliers are holding firm on higher offers, while buying interest improved amid concerns over potential transportation disruptions. Sustainability at these elevated levels is still being tested.

🔹 Magnesium Alloy (China)

Alloy prices strengthened in response to higher ingot costs. Spot supply remains limited, and processing charges are expected to stay relatively stable.

🔹 Magnesium Powder (China)

Market remained stable. Rising ingot prices pushed up production costs, leading to a slight increase in offers.