It was understood on Monday that the magnesium market was running steadily, and 99.9% of magnesium ingot Fugu area factories reported the mainstream ex-factory cash price including tax of 36,000 yuan/ton, which was stable with the price last Friday. It is understood that the mainstream transaction price is 35500 yuan/ton, and then the low price is less, and then the high price is difficult to clinch a deal. On Monday, the magnesium market is generally wait-and-see.

It is also understood that last weekend two days magnesium market turnover is not much, temporary inventory digestion users to wait-and-see market, however, the factory spot is not much. For the short - term magnesium city trend, the current view of stability.

On the 29th, Shang Magnesium learned from the market purchasing manager that the quotation of the factory was stable today, and the downstream demand in the past two days was insufficient to follow up. It was difficult for the magnesium market to continue to rise. However, there was not much spot in the factory, and it was not easy for the magnesium market to decline. According to the analysis, from the point of view of supply and demand, in view of the current overall low downstream demand, downstream users generally accept high prices difficult, magnesium market high operating pressure is still in. Considering the current factory spot is less, magnesium market is also difficult to fall, this week or will be weak stability, wait and see the demand to follow up.

The above is only the editor's personal advice for reference only. Thanks to the leaders of magnesium enterprises and market participants to share market information!