Price list of magnesium ingots on September 9
Market analysis
According to the data monitoring of business agency, 99.9% of the factory price including tax in mainstream areas was 44000 yuan / ton on the 9th, up 2.33% from a year ago. Recently, the quotation is mainly stable.
After the opening of the market after the festival, the market price of magnesium ingots remained stable, but the terminals are still on holiday, and the overall market demand has not been released, which needs to be further followed up by the market. Most magnesium factories are still completing the orders before the festival, and the quotation is more firm and close to 42000-44000 yuan / ton. Considering the lack of rising power in the early stage of resumption of work and the fact that the previous environmental protection policies have not yet issued detailed rules, Insiders believe that the recent market is dominated by steady-state operation.
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