Magnesium market trend
On January 29, 2021, the price of magnesium ingots (99.9%, non pickling, simple packaging) in domestic main production areas stabilized in cash including tax, with an overall range of 14100-14400 yuan / ton, mainly through actual single negotiation.
The specific price range of each region is as follows:
In fugu area, the ex factory spot exchange including tax is 14100-14400 yuan / ton; in Taiyuan area, the spot exchange is 14300-14400 yuan / ton; in Wenxi area, the spot exchange is 14400-14500 yuan / ton; in Ningxia area, the spot exchange is 14100-14300 yuan / ton.
Magnesium ingot is original magnesium ingot according to national standard (GB / t3499-2011); non pickling, no wooden pallet and non payment acceptance price, mainly based on single negotiation.
According to the data of business news agency, the monthly decline of magnesium ingot in January 2021 was 7.74%, which was mainly reflected in the middle and early ten days, and the magnesium ingot stabilized and slightly recovered in the later period.
It is reported that at present, the mainstream manufacturers mainly sell orders in advance, and most of them are “futures like” products that will be picked up after the year. The delivery date is delayed. On the one hand, the transportation is affected by the approaching Spring Festival; on the other hand, the downstream manufacturers mainly prepare goods in the early stage, and plan to purchase just in time.
| PVA |