Chinese magnesium prices surge on decreased supply, increased procurement

Chinese magnesium prices surged to a three month high in the week to Friday September 8 amid a substantial increase in downstream procurement and insufficient supply, sources said.

China's magnesium market witnessed substantial transaction volumes in the first half of the week ended September 8th, driven by magnesium alloy factories replenishing their inventories, which has in turn caused...


Nico Zhang

September 12, 2023

05:58 GMT