Monthly Magnesium Market Report Jan 2023
2023-02-10 08:29:35 【Print】
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Contents
1. Market Highlights 2
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1 UNCTAD: Global trade value expected to reach USD32 trillion by 2022 3
2.2 World Bank lowers global economic growth forecast to 1.7% for 2023 3
2.3 CAAM: China's auto sales up by 2.1% YoY in 2022 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.2 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 Fugu Yide Magnesium Alloy reduces magnesium ingot production volume 6
4.2 Xinjiang Tengxiang decreases magnesium ingot output 6
4.3 Inner Mongolia Yunsheng Magnesium stops magnesium ingot production 6
4.4 Fugu Jinchuan Hongtai Second Plant decreases magnesium ingot output 6
4.5 Shanxi Bada Magnesium decrease magnesium ingot output 6
4.6 Shanxi Bada Magnesium decrease magnesium ingot output 6
4.7 Yunhai Special Metals' subsidiary wins bidding on acquiring 100% stake in Qingyang Tongbu Port Operation 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.1 Chinese magnesium ingot producers' operating rate up by 0.91% MoM in Jan 6
5.1.2 Chinese magnesium ingot producers' output up by 1.42% MoM in Jan 7
5.1.3 Chinese magnesium ingot producers' stocks up by 4.91% MoM in Jan 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate down by 2.96% MoM in Jan 7
5.2.2 Chinese magnesium alloy producers' output down by 4% MoM in Jan 8
5.2.3 Chinese magnesium alloy producers' stocks up by 14.83% MoM in Jan 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate down by 2.89% MoM in Jan 8
5.3.2 Chinese magnesium powder producers' output down by 7.99% MoM in Jan 9
5.3.3 Chinese magnesium powder producers' stocks up by 6.94% MoM in Jan 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume declined 31.18% YoY in Dec 2022 9
6.2 China's unwrought magnesium alloy export volume increased 14.59% MoM in Dec 2022 10
6.3 China's magnesium powder and granule export volume fell 42.08% YoY in Dec 2022 11
6.4 China's magnesium scrap export volume rose 177.22% YoY in Dec 2022 11
7. Relevant Industry News 12
7.1 MIIT: China sees 2,287,000 5G base stations by late Nov 12
7.2 BYD's NEV sales up by more than 2 times YoY in 2022 12
7.3 SAIC Motor records increase of 46.51% YoY in NEV sales in 2022 12
7.4 CPCA: China's new energy passenger car retail sales up by 90% YoY in 2022 12
7.5 GACC: China's total foreign trade value exceeds RMB40 trillion for first time 12
7.6 Japan's imported BEV sales exceed 10k units in 2022 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.1 Magnesium ingot 99.9%min EXW D/P 12
8.1.2 Magnesium ingot 99.95%min EXW D/P 12
8.1.3 Magnesium powder EXW D/P 13
8.1.4 Magnesium alloy AZ91D EXW D/P 13
8.2 International Market 13
8.2.1 Chinese magnesium ingot 99.9%min FOB China 13
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 13
8.2.3 Magnesium Ingot 99.9%min in Port India 13
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 13
8.2.5 Chinese magnesium powder 99.9%min FOB China 13
8.2.6 Chinese magnesium alloy AZ91D FOB China 13
1. Market Highlights 2
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1 UNCTAD: Global trade value expected to reach USD32 trillion by 2022 3
2.2 World Bank lowers global economic growth forecast to 1.7% for 2023 3
2.3 CAAM: China's auto sales up by 2.1% YoY in 2022 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.2 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 Fugu Yide Magnesium Alloy reduces magnesium ingot production volume 6
4.2 Xinjiang Tengxiang decreases magnesium ingot output 6
4.3 Inner Mongolia Yunsheng Magnesium stops magnesium ingot production 6
4.4 Fugu Jinchuan Hongtai Second Plant decreases magnesium ingot output 6
4.5 Shanxi Bada Magnesium decrease magnesium ingot output 6
4.6 Shanxi Bada Magnesium decrease magnesium ingot output 6
4.7 Yunhai Special Metals' subsidiary wins bidding on acquiring 100% stake in Qingyang Tongbu Port Operation 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.1 Chinese magnesium ingot producers' operating rate up by 0.91% MoM in Jan 6
5.1.2 Chinese magnesium ingot producers' output up by 1.42% MoM in Jan 7
5.1.3 Chinese magnesium ingot producers' stocks up by 4.91% MoM in Jan 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate down by 2.96% MoM in Jan 7
5.2.2 Chinese magnesium alloy producers' output down by 4% MoM in Jan 8
5.2.3 Chinese magnesium alloy producers' stocks up by 14.83% MoM in Jan 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate down by 2.89% MoM in Jan 8
5.3.2 Chinese magnesium powder producers' output down by 7.99% MoM in Jan 9
5.3.3 Chinese magnesium powder producers' stocks up by 6.94% MoM in Jan 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume declined 31.18% YoY in Dec 2022 9
6.2 China's unwrought magnesium alloy export volume increased 14.59% MoM in Dec 2022 10
6.3 China's magnesium powder and granule export volume fell 42.08% YoY in Dec 2022 11
6.4 China's magnesium scrap export volume rose 177.22% YoY in Dec 2022 11
7. Relevant Industry News 12
7.1 MIIT: China sees 2,287,000 5G base stations by late Nov 12
7.2 BYD's NEV sales up by more than 2 times YoY in 2022 12
7.3 SAIC Motor records increase of 46.51% YoY in NEV sales in 2022 12
7.4 CPCA: China's new energy passenger car retail sales up by 90% YoY in 2022 12
7.5 GACC: China's total foreign trade value exceeds RMB40 trillion for first time 12
7.6 Japan's imported BEV sales exceed 10k units in 2022 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.1 Magnesium ingot 99.9%min EXW D/P 12
8.1.2 Magnesium ingot 99.95%min EXW D/P 12
8.1.3 Magnesium powder EXW D/P 13
8.1.4 Magnesium alloy AZ91D EXW D/P 13
8.2 International Market 13
8.2.1 Chinese magnesium ingot 99.9%min FOB China 13
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 13
8.2.3 Magnesium Ingot 99.9%min in Port India 13
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 13
8.2.5 Chinese magnesium powder 99.9%min FOB China 13
8.2.6 Chinese magnesium alloy AZ91D FOB China 13
