AM Stats: Chinese magnesium alloy producers' magnesium ingot stocks down by 24.8% MOM in Jul
2019-09-05 11:25:42 [Print]
BEIJING (Asian Metal) 5 Sep 19 - Statistics from Asian Metal Database show that Chinese magnesium alloy producers held 1,550t of magnesium ingot stocks in July 2019, down by 24.8% compared with 2,060t last month and by 23.3% compared with 2,020t in the same period of last year.
In July 2019, magnesium alloy producers in Jiangsu, Shaanxi, Shanghai and Shanxi had 390t, 200t, 300t and 660t of magnesium ingot stocks respectively, down by 18.8%, 52.4%, 11.8% and 19.5% MOM.
Chinese magnesium alloy producers' magnesium ingot stocks by month from Jan 2018 to Jul 2019 (t)
In July 2019, magnesium alloy producers in Jiangsu, Shaanxi, Shanghai and Shanxi had 390t, 200t, 300t and 660t of magnesium ingot stocks respectively, down by 18.8%, 52.4%, 11.8% and 19.5% MOM.
Chinese magnesium alloy producers' magnesium ingot stocks by province from Jan 2018 to Jul 2019 (t)
Magnesium Alloy AZ91D FOB China
Unit:USD/mt
China magnesium alloy producers' inventory to production ratio statistics by month
Unit: %
