Ning Tiaota Industrial Park of Shaanxi’s Shenmu County Overfilled 2014 Quota Ahead of Schedule

Mg Prices Kept Declining on Depressed Demand in China

Mg Prices Still Declined on Falling FeSi Prices and Enough Supply in China

Mg producers kept normal production and statistics showed already operating capacity of magnesium reached 750 thousand tons in Fugu and Shenmu Counties of China’s Shaanxi province.

Mg Prices Continued to be Flat after National Day Holiday in China

In late September some magnesium ingot sold products at lower prices, with financial difficulties confronting them. The lowest quotation for non-pickling Mg ingot 99.90% reached RMB14,350/mt and highest one was RMB14,450/mt, ex-work tax-inclusive price in cash...

Yulin media reported output of Fugu magnesium reached 212.7 thousand tons in the period of January to August 2014, up 17.7% from the same period of 2013.

After the mid-autumn festival, magnesium ingot prices kept comparatively stable in China. Mainstream Shaanxi Mg99.90% price stayed at RMB14,450-14,500/mt(USD2,356-2,365/mt), non-pickling ex-work tax-inclusive price in cash, the same as last week.