Monthly Magnesium Market Report Jan 2021

Contents
1. Market Highlights 2
2. Economy and Policy 3
2.1 Economy and Policy 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright95%min 7 4.Asian Metal Copyright2 Magnesium Ingot 99.95%min 3
3.1.3 Magnesium Powder 4
3.1.4 Magnesium Alloy 4
3.2 Chinese Export Market 4
3.2.1 Chinese Magnesium Ingot Export Market 4
3.2.2 Magnesium Ingot in Warehouse Rotterdam 4
3.2.3 Magnesium Powder 5
3.2.4 Magnesium Alloy 5
3.3 International Market 5
3.3.1 Magnesium Ingot in Port India 5
3.3.2 Magnesium Ingot in Warehouse Russia 5
4. Company News 6
4.1 Dongyi Magnesium and Gelinmei (Tianjin) to co-construct high-quality Mg-alloy project 6
4.2 JMC's auto sales up by 14.15% YOY in 2020 6
4.3 GAC Group's auto sales up by 12% YOY in Dec 6
4.4 Chang'an Automobile's auto sales exceed 2 million units in 2020 6
4.5 SAIC Motor's auto sales down by 10.22% YOY in 2020 6
4.6 Geely Auto achieves annual sales target in 2020 6
4.7 Waffer concludes construction of high-end precision auto parts project 6
4.8 Ford to end manufacturing in Brazil 6
4.9 BMW delivers 777,379 vehicles in China in 2020 6
4.10 Fugu Fangzheng Magnesium begin to produce magnesium ingot 99.95%min 6
4.11 RSM Group announces to become global supplier of magnesium alloy downstream application for Volvo 6
4.12 Inner Mongolia Yunsheng Magnesium begins to produce shaped magnesium ingot 6
4.13 Fugu Jinwantong Magnesium begins to produce magnesium ingot 99.95%min 7
4.14 Wenda Magnesium & Aluminum Technology commences construction of Mg-Al alloy project 7
4.15 Inner Mongolia Yunsheng stops magnesium ingot production 7
4.16 SAIC Motor aims to sell 10 million autos during Fourteenth Five-year period 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.Asian Metal Copyright3 Magnesium Powder 8 5.Asian Metal Copyright1 Chinese magnesium ingot producers' output up by 0.59% MOM in Jan 7
5.2 Magnesium Alloy 7
5.2.Asian Metal Copyright7 Waffer concludes construction of high-end precision auto parts project 6 4.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate up by 2.3% YOY in Jan 7
5.2.Asian Metal Copyright1 Chinese Market 12 8.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 3.1% MOM in Jan 8
5.2.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 3.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks up by 655.8% YOY in Dec 8
5.3 Magnesium Powder 8
5.3.Asian Metal Copyright1 Magnesium Ingot 7 5.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate up by 7.04% MOM in Jan 8
5.3.Asian Metal Copyright1.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 18.8% MOM in Jan 9
5.3.Asian Metal Copyright15 Inner Mongolia Yunsheng stops magnesium ingot production 7 4.Asian Metal Copyright3 Chinese magnesium powder producers' stocks down by 25.9% MOM in Jan 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume declined 14.86% YoY in Dec 2020 9
6.2 China's magnesium powder export volume fell 13.70% MoM in Dec 2020 10
6.3 China's magnesium alloy exports down by 7.82% YOY in Dec 11
7. Relevant Industry News 11
7.1 China's aluminum alloy exports down by 45% YOY in Nov 11
7.2 Auto sales in Europe down by 24.3% YOY in 2020 11
7.3 Rio Tinto's aluminum output up by 4% YOY in Q4 2020 11
7.4 Gravita to expand secondary aluminum alloy production capacity in Tanzania 11
7.5 China's aluminum profile import volume grew 14.57% YoY in Dec 2020 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.Asian Metal Copyright3% YOY in Jan 7 5.Asian Metal Copyright1 Magnesium ingot 99.9%min EXW D/P 12
8.1.Asian Metal Copyright5 Chinese magnesium powder 99.Asian Metal Copyright2 Magnesium ingot 99.95%min EXW D/P 12
8.1.3 Magnesium powder EXW D/P 12
8.1.4 Magnesium alloy AZ91D EXW D/P 12
8.2 International Market 12
8.2.Asian Metal Copyright4 Magnesium Ingot 99.Asian Metal Copyright1 Chinese magnesium ingot 99.9%min FOB China 12
8.2.Asian Metal Copyright2.Asian Metal Copyright2 Magnesium ingot 99.9%min CIF Rotterdam 12
8.2.Asian Metal Copyright22% YOY in 2020 6 4.Asian Metal Copyright3 Magnesium Ingot 99.9%min in Port India 12
8.2.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate up by 2.Asian Metal Copyright4 Magnesium Ingot 99.9%min in Warehouse Russia 12
8.2.Asian Metal Copyright95%min 6 4.Asian Metal Copyright5 Chinese magnesium powder 99.9%min FOB China 12
8.2.6 Chinese magnesium alloy AZ91D FOB China 13















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