CHINA MAGNESIUM SNAPSHOT: Domestic price up on tight spot supply; export price flat in slow market

February 02, 2021 / www.metalbulletin.com / Article Link

Key data from the Friday January 29 pricing session in Shanghai.

Key drivers China's ex-works prices for magnesium increased on tight spot market supply after producers sold large volumes of the material on forward contracts. Sources said some downstream consumers ordered material at prices below 14,000 yuan ($2,167) per tonne and asked for the material...

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