Magnesium ingot price list
Market analysis
| Thiourea |
According to the data monitoring of business agency, 99.9% of the factory price including tax in mainstream areas was 36333.33 yuan / ton on the 19th. At the beginning of the new week, magnesium ingots had fallen by 6.03%. The magnesium market was shrouded in bad news, and magnesium merchants were forced to reduce their quotation under pressure.
From the perspective of demand, the price of magnesium ingots has fallen rapidly recently. Under the psychology of buying up but not buying down, most downstream customers wait-and-see prices. In addition, the epidemic impact prevention and control has been tightened, and the overall market transaction atmosphere is slightly general. From the perspective of supply, magnesium plants have always maintained normal operation. With the accumulation of new production and the unfinished inventory in the early stage, magnesium plants are facing the dilemma of oversupply. In order to reduce the inventory pressure, many magnesium plants actively ship and reduce the quotation all the way.
Business analysts believe that considering that the market supply is greater than the demand, the magnesium market is under pressure.
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