Monthly Magnesium Market Report Aug 2021

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China to launch new inspections on ecological and environmental protection 3
2.1.2 Central ecological environment protection supervision team settles in Sichuan in late Aug 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright3 Magnesium Ingot 99.Asian Metal Copyright2 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 4
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 China's vehicle imports up by 48% YOY in H1 2021 5
4.2 NPC member office of Lvliang aluminum, magnesium and special steel new materials industry base unveiled 5
4.3 XPeng Motors' Wuhan project starts construction 5
4.4 Fugu Jinwantong Magnesium suspends the third plant 6
4.5 Zhongtong Bus receives 280 million yuan of national NEV promotion subsidy 6
4.6 JMC's auto sales up by 18.38% YOY in Jul 6
4.7 Yulin Coal Technology to resume magnesium ingot production 6
4.8 China's estimated auto sales reach 1.82 million units in Jul 6
4.9 Ningxia Sun Magnesium resumes magnesium ingot production 6
4.10 Lizhong Group strengthens research and development on processes and applications of rare earth aluminum and magnesium alloys 6
4.11 Fugu Jinchuan Magnesium increases magnesium ingot output 6
4.12 Hami Shengmei to resume magnesium ingot production 6
4.13 Yulin Wanyuan Magnesium reduces magnesium ingot output 6
4.14 Yunhai Special Metals' subsidiaries absorb new RMB600 million investment for magnesium business 7
4.15 Honda increases production capacity of its Chinese plants 7
4.16 Fugu Yide resumes magnesium ingot production 7
4.17 Fugu Jinchuan Hongtai First Plant stops magnesium ingot production for equipment maintenance 7
4.18 Shanxi Bada Magnesium stops magnesium alloy production 7
4.19 Baosteel Metal and Yunhai Special Metals to co-build magnesium material industrial park 7
4.20 Chongqing BoAo further expands Mg-alloy casting production capacity 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.Asian Metal Copyright17 Fugu Jinchuan Hongtai First Plant stops magnesium ingot production for equipment maintenance 7 4.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate up by 0.34% MoM in Aug 7
5.1.Asian Metal Copyright15 Honda increases production capacity of its Chinese plants 7 4.Asian Metal Copyright2 Chinese magnesium ingot producers' output up by 0.54% MoM in Aug 8
5.1.Asian Metal Copyright1 China's automobile production and sales decline in Jul 11 7.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks down by 32.26% MoM in Aug 8
5.2 Magnesium Alloy 8
5.2.Asian Metal Copyright5 Zhongtong Bus receives 280 million yuan of national NEV promotion subsidy 6 4.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate down by 3.76% MoM in Aug 8
5.2.Asian Metal Copyright5 China's ferrosilicon producers' inventory decreased 92.Asian Metal Copyright2 Chinese magnesium alloy producers' output down by 5.1% MoM in Aug 8
5.2.Asian Metal Copyright1 Magnesium Ingot in Port India 5 3.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks down by 15.07% MoM in Aug 9
5.3 Magnesium Powder 9
5.3.Asian Metal Copyright2 Chinese Export Market 4 3.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate up by 1.4% MoM in Aug 9
5.3.Asian Metal Copyright4 Magnesium Ingot 99.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 4.23% MoM in Aug 9
5.3.Asian Metal Copyright81% MoM in Aug 10 6.Asian Metal Copyright3 Chinese magnesium powder producers' stocks down by 10.81% MoM in Aug 10
6. Export Statistics 10
6.1 China's unwrought magnesium export volume grew 112.58% YoY in Jul 2021 10
6.2 China's magnesium powder and granule export volume increased 46.88% YoY in Jul 2021 10
6.3 China's unwrought magnesium alloy export volume rose 41.47% YoY in Jul 2021 11
7. Relevant Industry News 11
7.1 China's automobile production and sales decline in Jul 11
7.2 BYD's NEV sales up by 170.62% YOY in Jan-Jul 12
7.3 GWM's auto sales up by 16.87% YOY in Jul 12
7.4 SOKON's NEV sales up by 113% YOY in Jul 12
7.5 China's ferrosilicon producers' inventory decreased 92.94% YoY in Jul 12
7.6 China's magnesium exports up by 11.63% YOY in H1 2021 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.Asian Metal Copyright88% YoY in Jul 2021 10 6.Asian Metal Copyright1 Magnesium ingot 99.9%min EXW D/P 12
8.1.Asian Metal Copyright2.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 Copyright1.Asian Metal Copyright1 Chinese magnesium ingot 99.9%min FOB China 12
8.2.Asian Metal Copyright3 International Market 5 3.Asian Metal Copyright2 Magnesium ingot 99.9%min Warehouse Rotterdam 13
8.2.Asian Metal Copyright23% MoM in Aug 9 5.Asian Metal Copyright3 Magnesium Ingot 99.9%min in Port India 13
8.2.Asian Metal Copyright17 Fugu Jinchuan Hongtai First Plant stops magnesium ingot production for equipment maintenance 7 4.Asian Metal Copyright4 Magnesium Ingot 99.9%min in Warehouse Russia 13
8.2.Asian Metal Copyright3.Asian Metal Copyright5 Chinese magnesium powder 99.9%min FOB China 13
8.2.6 Chinese magnesium alloy AZ91D FOB China 13




.Asian Metal Copyright5 Chinese magnesium powder 99Asian Metal Copyright