Analysis of magnesium product industry.

[Magnesium ingot] The overall magnesium metal market is stable and rising. Affected by the market purchasing sentiment, the transaction is general. Purchasing companies are mainly cautious and wait-and-see. The mainstream ex-factory cash including tax of 99.90% magnesium ingots in Shaanxi, China is about 16,700-16,800 yuan/ton.

[Magnesium products] The market price of magnesium alloys is driven by the raw material end, and the price-supporting sentiment is obvious. The market is weak and stable. Some manufacturers have suspended quotations and wait-and-see changes in the magnesium ingot market. It is expected that in the short term, the magnesium alloy market will follow the price fluctuations of the magnesium ingot market and consolidate.