Monthly Magnesium Market Report Jan 2024
2024-02-04 08:36:58 【Print】
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Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China's ten nonferrous metals production up by 7.1% YoY in first eleven months 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 3
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 5
4.1 Hami Shengmei starts magnesium alloy production 5
4.2 Jixi Tiancheng decreases magnesium ingot output 5
4.3 Shenmu Moyuan Dingtai decreases magnesium ingot output 6
4.4 US Magnesium to postpone their magnesium ingot resumption plan 6
4.5 Fugu Jinchuan Hongtai Magnesium Alloy Second Plant to resume magnesium ingot production 6
4.6 Yulin Coal Technology suspends magnesium ingot production 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.1 Chinese magnesium ingot producers' operating rate up by 6.77% MoM in Jan 6
5.1.2 Chinese magnesium ingot producers' output up by 13.92% MoM in Jan 6
5.1.3 Chinese magnesium ingot producers' stocks down by 17.55% MoM in Jan 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate up by 8.62% MoM in Jan 7
5.2.2 Chinese magnesium alloy producers' output up by 8.62% MoM in Jan 7
5.2.3 Chinese magnesium alloy producers' stocks down by 20.11% MoM in Jan 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate up by 2.73% MoM in Jan 8
5.3.2 Chinese magnesium powder producers' output up by 2.72% MoM in Jan 8
5.3.3 Chinese magnesium powder producers' stocks down by 26.82% MoM in Jan 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume decreased 12.60% MoM in Dec 2023 9
6.2 China's unwrought magnesium alloy export volume fell 33.75% YoY in Dec 2023 9
6.3 China's magnesium powder and granule export volume rose 26.57% YoY in Dec 2023 10
6.4 China's magnesium scrap export volume increased 227.15% MoM in Dec 2023 11
7. Relevant Industry News 11
7.1 Fugu Jan-Nov magnesium production down by 22.7% YoY 11
7.2 Guanyu Technology to build 2ktpa Al-Mg alloy wire rod project in Longlin 11
7.3 High-purity rare metal metal and alloy project breaks ground in Liuyang 11
7.4 Guanyu Technology to build 2ktpa Al-Mg alloy wire rod project in Longlin 12
7.5 High-purity rare metal metal and alloy project breaks ground in Liuyang 12
7.6 World's biggest rotary kiln for calcined dolomite put into operation 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 12
8.1.4 Magnesium alloy AZ91D EXW D/P 12
8.2 International Market 12
8.2.1 Chinese magnesium ingot 99.9%min FOB China 12
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 12
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 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China's ten nonferrous metals production up by 7.1% YoY in first eleven months 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 3
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 5
4.1 Hami Shengmei starts magnesium alloy production 5
4.2 Jixi Tiancheng decreases magnesium ingot output 5
4.3 Shenmu Moyuan Dingtai decreases magnesium ingot output 6
4.4 US Magnesium to postpone their magnesium ingot resumption plan 6
4.5 Fugu Jinchuan Hongtai Magnesium Alloy Second Plant to resume magnesium ingot production 6
4.6 Yulin Coal Technology suspends magnesium ingot production 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.1 Chinese magnesium ingot producers' operating rate up by 6.77% MoM in Jan 6
5.1.2 Chinese magnesium ingot producers' output up by 13.92% MoM in Jan 6
5.1.3 Chinese magnesium ingot producers' stocks down by 17.55% MoM in Jan 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate up by 8.62% MoM in Jan 7
5.2.2 Chinese magnesium alloy producers' output up by 8.62% MoM in Jan 7
5.2.3 Chinese magnesium alloy producers' stocks down by 20.11% MoM in Jan 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate up by 2.73% MoM in Jan 8
5.3.2 Chinese magnesium powder producers' output up by 2.72% MoM in Jan 8
5.3.3 Chinese magnesium powder producers' stocks down by 26.82% MoM in Jan 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume decreased 12.60% MoM in Dec 2023 9
6.2 China's unwrought magnesium alloy export volume fell 33.75% YoY in Dec 2023 9
6.3 China's magnesium powder and granule export volume rose 26.57% YoY in Dec 2023 10
6.4 China's magnesium scrap export volume increased 227.15% MoM in Dec 2023 11
7. Relevant Industry News 11
7.1 Fugu Jan-Nov magnesium production down by 22.7% YoY 11
7.2 Guanyu Technology to build 2ktpa Al-Mg alloy wire rod project in Longlin 11
7.3 High-purity rare metal metal and alloy project breaks ground in Liuyang 11
7.4 Guanyu Technology to build 2ktpa Al-Mg alloy wire rod project in Longlin 12
7.5 High-purity rare metal metal and alloy project breaks ground in Liuyang 12
7.6 World's biggest rotary kiln for calcined dolomite put into operation 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 12
8.1.4 Magnesium alloy AZ91D EXW D/P 12
8.2 International Market 12
8.2.1 Chinese magnesium ingot 99.9%min FOB China 12
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 12
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
