Monthly Magnesium Market Report May 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 Copyright2 Chinese magnesium alloy producers' output down by 36.Asian Metal Copyright2 Magnesium Ingot 99.95%min 3
3.1.3 Magnesium Powder 3
3.1.4 Magnesium Alloy 3
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 4
3.2.4 Magnesium Alloy 4
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 5
4.1 Shaanxi Sanxin Group Second Plants to resume magnesium ingot production 5
4.2 Hami Shengmei plans to resume magnesium ingot output 5
4.3 Yulin Magnesium launches maiden magnesium ingot export railway-maritime express 5
4.4 Mitsubishi cuts output by another 16,000 vehicles on chip crunch 5
4.5 Wenxi Zhenxin Magnesium reduces magnesium alloy output 5
4.6 Inner Mongolia Zhengneng plans to resume magnesium ingot production 6
4.7 Fugu Yufeng Magnesium Alloy to stop magnesium ingot production 6
4.8 Shanxi Bada Magnesium suspends magnesium alloy production 6
4.9 Nanjing Sumei Magnesium suspends magnesium alloy production 6
4.10 Zhenxin Magnesium signs investment and cooperation agreement with Shandong Shuifa Industry Group 6
4.11 Volkswagen's Anhui electric vehicle factory starts construction 6
4.12 Lubao Yiwei resumes magnesium ingot production 6
4.13 Fugu Jinchuan Hongtai Magnesium Alloy Second Plant stops magnesium ingot production 6
4.14 Yunhai Special Metals absorbs Baosteel Metal as strategic shareholder to expand Mg-Al alloy applications 6
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.Asian Metal Copyright10 Zhenxin Magnesium signs investment and cooperation agreement with Shandong Shuifa Industry Group 6 4.Asian Metal Copyright1 Chinese magnesium ingot producers' output down by 2.68% MoM in May 7
5.2 Magnesium Alloy 7
5.2.Asian Metal Copyright3 China's magnesium powder and granule export volume decreased 0.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate down by 28.55% MoM in May 7
5.2.Asian Metal Copyright3 SAIC Motor's auto sales up by 68.Asian Metal Copyright2 Chinese magnesium alloy producers' output down by 36.07% MoM in May 7
5.2.3 Chinese magnesium alloy producers' stocks up by 150% MoM in May 8
5.3 Magnesium Powder 8
5.3.Asian Metal Copyright4 Magnesium Alloy 4 3.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate down by 11.8% MoM in May 8
5.3.Asian Metal Copyright1 Chinese Market 3 3.Asian Metal Copyright2 Chinese magnesium powder producers' output down by 29.51% MoM in May 8
5.3.Asian Metal Copyright13 Fugu Jinchuan Hongtai Magnesium Alloy Second Plant stops magnesium ingot production 6 4.Asian Metal Copyright3 Chinese magnesium powder producers' stocks down by 7.69% MoM in May 8
6. Export Statistics 9
6.1 China's magnesium ingot export volume fell 5.54% MoM in Apr 2021 9
6.2 China's unwrought magnesium alloy export volume grew 51.13% YoY in Apr 2021 9
6.3 China's magnesium powder and granule export volume decreased 0.42% MoM in Apr 2021 9
7. Relevant Industry News 10
7.1 Third batch of second round central ecological environment protection inspection starts 10
7.2 JAC's sales of pure electric passenger vehicle up by 360% YOY in Mar 10
7.3 SAIC Motor's auto sales up by 68.24% in Q1 10
8. Market Outlook for Next Month 10
8.1 Chinese Market 10
8.1.Asian Metal Copyright1.Asian Metal Copyright1 Magnesium ingot 99.9%min EXW D/P 10
8.1.Asian Metal Copyright10 Zhenxin Magnesium signs investment and cooperation agreement with Shandong Shuifa Industry Group 6 4.Asian Metal Copyright2 Magnesium ingot 99.95%min EXW D/P 10
8.1.3 Magnesium powder EXW D/P 10
8.1.4 Magnesium alloy AZ91D EXW D/P 10
8.2 International Market 10
8.2.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright1 Chinese magnesium ingot 99.9%min FOB China 10
8.2.Asian Metal Copyright4 Magnesium Alloy 3 3.Asian Metal Copyright2 Magnesium ingot 99.9%min CIF Rotterdam 11
8.2.Asian Metal Copyright2 Magnesium Alloy 7 5.Asian Metal Copyright3 Magnesium Ingot 99.9%min in Port India 11
8.2.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright4 Magnesium Ingot 99.9%min in Warehouse Russia 11
8.2.Asian Metal Copyright2.Asian Metal Copyright5 Chinese magnesium powder 99.9%min FOB China 11
8.2.6 Chinese magnesium alloy AZ91D FOB China 11



















.Asian Metal Copyright4 Mitsubishi cuts output by another 16,000 vehicles on chip crunch 5 4Asian Metal Copyright