Monthly Magnesium Market Report Nov 2020

Contents
1. Market Highlights 2
2. Economy and Policy 3
2.1 International Economy and Policy 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks down by 20.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 5
4.1 Shaanxi Yulin Magnesium Industry (Group) inaugurated in Fugu 5
4.2 SAIC Motor's auto sales up by 9.61% YOY in Oct 6
4.3 DGS auto parts project goes into operation 6
4.4 Taishan Zhongmei Technology commences formal operation of Mg-alloy material industrial base project (stage one) 6
4.5 Sanxiang Advanced Materials: Mg-Al alloy joint venture granted with operation license 6
4.6 Shenmu Dongfeng Magnesium starts to produce small-sized magnesium ingot 6
4.7 ACEA: New-car sales in Oct decrease again on European market 6
4.8 Dongfeng Nissan's Changzhou plant goes into operation 6
4.9 Yunhai Special Metals, Baosteel Metal and Qingyang government to jointly construct Mg-alloy project 6
4.10 Fugu Yufeng Magnesium Alloy starts magnesium ingot 99.95%min production 7
4.11 Wenxi Zhenxin Magnesium starts magnesium alloy particle production 7
4.12 Wanfeng Auto Wheel signs magnesium alloy materials cooperation agreement with FAW, Dongfeng Motor and Changan Auto 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.Asian Metal Copyright60% YOY in Oct 11 7.Asian Metal Copyright1 Chinese magnesium ingot producers' output up by 1.0% MOM in Nov 7
5.2 Magnesium Alloy 7
5.2.Asian Metal Copyright60% YOY in Oct 11 7.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate down by 15.8% MOM in Nov 7
5.2.Asian Metal Copyright Relevant Industry News 11 7.Asian Metal Copyright2 Chinese magnesium alloy producers' output down by 18.5% MOM in Nov 8
5.2.Asian Metal Copyright9%min FOB China 12 8.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks down by 20.5% MOM in Nov 8
5.3 Magnesium Powder 8
5.3.Asian Metal Copyright1 China's magnesium ingot exports up by 25.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate up by 10.5% MOM in Nov 8
5.3.Asian Metal Copyright2.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 10.5% MOM in Nov 9
5.3.Asian Metal Copyright6 Shenmu Dongfeng Magnesium starts to produce small-sized magnesium ingot 6 4.Asian Metal Copyright3 Chinese magnesium powder producers' stocks down by 19.3% YOY in Nov 9
6. Export Statistics 9
6.1 China's magnesium ingot exports up by 25.8% MOM in Oct 10
6.2 China's magnesium powder exports up by 26.7% MOM in Oct 10
6.3 China's magnesium alloy exports up by 25% YOY in Oct 10
7. Relevant Industry News 11
7.1 Dongfeng Motor's auto sales up by 18.06% YOY in Oct 11
7.2 FOTON's auto sales up by 29.60% YOY in Oct 11
7.3 JMC's auto sales up by 25.72% YOY in Oct 11
7.4 CAAM: China's estimated auto sales record 19.66 million units in Jan-Oct 11
7.5 Zhongwei ferrosilicon plants' predicted outputs in December statistics 11
7.6 China's titanium sponge producers' operating rate up by 13.62% MOM in Oct 11
8. Market Outlook for Next Month 11
8.1 Chinese Market 11
8.1.Asian Metal Copyright2.Asian Metal Copyright1 Magnesium ingot 99.9%min EXW D/P 11
8.1.Asian Metal Copyright1.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 Copyright10 Fugu Yufeng Magnesium Alloy starts magnesium ingot 99.Asian Metal Copyright1 Chinese magnesium ingot 99.9%min FOB China 12
8.2.Asian Metal Copyright Market Outlook for Next Month 11 8.Asian Metal Copyright2 Magnesium ingot 99.9%min CIF Rotterdam 12
8.2.Asian Metal Copyright3 JMC's auto sales up by 25.Asian Metal Copyright3 Magnesium Ingot 99.9%min in Port India 12
8.2.Asian Metal Copyright2.Asian Metal Copyright4 Magnesium Ingot 99.9%min in Warehouse Russia 12
8.2.Asian Metal Copyright1 China's magnesium ingot exports up by 25.Asian Metal Copyright5 Chinese magnesium powder 99.9%min FOB China 12
8.2.6 Chinese magnesium alloy AZ91D FOB China 12















.Asian Metal Copyright1 Shaanxi Yulin Magnesium Industry Group inaugurated in Fugu 5 4Asian Metal Copyright