Monthly Magnesium Market Report Nov 2021
2021-12-12 19:38:39 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 ITC announces final judgment on third anti-dumping sunset review on magnesium metal from China 3
2.1.2 MEE: one-size-fit-all policy prohibited in autumn-winter air pollution prevention and control 3
2.1.3 China announces start of latest round of central environmental protection supervision 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 Yunhai Special Metals commences construction of 30,000tpy Mg-Al alloy precision manufacturing project in Nanjing 6
4.2 Shenmu Moyuan Dingtai Magnesium resumes magnesium ingot production 6
4.3 Yunhai Special Metals' subsidiary to take part in mining right bidding 6
4.4 BYD's new energy vehicle sales up by 212.03% YOY in Jan-Oct 2021 6
4.5 Jixi Tiancheng Magnesium commences operation of 20,000tpy Mg-alloy project 6
4.6 SAIC Motor's NEV sales up by 187.57% YOY in Jan-Oct 6
4.7 GWM's auto sales up by 22.04% YOY in Jan-Oct 6
4.8 CPCA: China's generalized passenger car retail sales up by 8.3% MOM in Oct 6
4.9 Shenmu Xinqing plans to resume magnesium ingot production 6
4.10 Chongqing BoAo magnesium and aluminum project phase II to finish construction by end of 2021 6
4.11 Shanxi New Energy Magnesium suspends production for equipment maintenance 7
4.12 Shanxi Yinguang Huasheng Magnesium resumes magnesium alloy production 7
4.13 Latrobe Magnesium raises A$11.5 million to build clean magnesium plant 7
4.14 KAR MINERAL runs full production for magnesium ingot 7
4.15 Fugu Wenzhongfeng Magnesium to resume magnesium ingot production 7
4.16 Fugu Jujinbang Magnesium resumes magnesium ingot production 7
4.17 Yunhai Special Metals' subsidiary to take part in mining right bidding 7
4.18 Shenmu Moyuan Dingtai Magnesium resumes magnesium ingot production 7
4.19 Shanxi Pincheng Yuanshi plans to increase magnesium alloy production 8
4.20 Dashiqiao Hengyi stops magnesium powder production 8
4.21 Western Magnesium closes first tranche of private placement for magnesium pilot plant 8
4.22 Xiaomi Automobile's headquarters settles in Beijing Economic-Technological Development Area 8
5. Producers Statistics 8
5.1 Magnesium Ingot 8
5.1.1 Chinese magnesium ingot producers' operating rate up by 6.67% MoM in Nov 8
5.1.2 Chinese magnesium ingot producers' output up by 10.47% MoM in Nov 8
5.1.3 Chinese magnesium ingot producers' stocks down by 55.68% MoM in Nov 9
5.2 Magnesium Alloy 9
5.2.1 Chinese magnesium alloy producers' operating rate up by 7.64% MoM in Nov 9
5.2.2 Chinese magnesium alloy producers' output up by 15.36% MoM in Nov 9
5.2.3 Chinese magnesium alloy producers' stocks down by 20.08% MoM in Nov 10
5.3 Magnesium Powder 10
5.3.1 Chinese magnesium powder producers' operating rate up by 5.66% MoM in Nov 10
5.3.2 Chinese magnesium powder producers' output up by 15.33% MoM in Nov 10
5.3.3 Chinese magnesium powder producers' stocks down by 16.92% MoM in Nov 10
6. Export Statistics 11
6.1 China's unwrought magnesium alloy export volume decreased 51.93% YoY in Oct 2021 11
6.2 China's unwrought magnesium export volume grew 58.45% YoY in Oct 2021 11
6.3 China's magnesium scrap export volume rose 85.80% MoM in Oct 2021 12
7. Relevant Industry News 12
7.1 China's new energy vehicle sales up by 134.9% YOY in Oct 12
7.2 Yulin's magnesium production in Q1-Q3 up by 3% YOY 12
7.3 Aluminum and magnesium industrial park settles in Xing County 12
7.4 Ministry of Finance releases notice on subsidy for new energy vehicles in 2022 ahead of schedule 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 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 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 ITC announces final judgment on third anti-dumping sunset review on magnesium metal from China 3
2.1.2 MEE: one-size-fit-all policy prohibited in autumn-winter air pollution prevention and control 3
2.1.3 China announces start of latest round of central environmental protection supervision 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 Yunhai Special Metals commences construction of 30,000tpy Mg-Al alloy precision manufacturing project in Nanjing 6
4.2 Shenmu Moyuan Dingtai Magnesium resumes magnesium ingot production 6
4.3 Yunhai Special Metals' subsidiary to take part in mining right bidding 6
4.4 BYD's new energy vehicle sales up by 212.03% YOY in Jan-Oct 2021 6
4.5 Jixi Tiancheng Magnesium commences operation of 20,000tpy Mg-alloy project 6
4.6 SAIC Motor's NEV sales up by 187.57% YOY in Jan-Oct 6
4.7 GWM's auto sales up by 22.04% YOY in Jan-Oct 6
4.8 CPCA: China's generalized passenger car retail sales up by 8.3% MOM in Oct 6
4.9 Shenmu Xinqing plans to resume magnesium ingot production 6
4.10 Chongqing BoAo magnesium and aluminum project phase II to finish construction by end of 2021 6
4.11 Shanxi New Energy Magnesium suspends production for equipment maintenance 7
4.12 Shanxi Yinguang Huasheng Magnesium resumes magnesium alloy production 7
4.13 Latrobe Magnesium raises A$11.5 million to build clean magnesium plant 7
4.14 KAR MINERAL runs full production for magnesium ingot 7
4.15 Fugu Wenzhongfeng Magnesium to resume magnesium ingot production 7
4.16 Fugu Jujinbang Magnesium resumes magnesium ingot production 7
4.17 Yunhai Special Metals' subsidiary to take part in mining right bidding 7
4.18 Shenmu Moyuan Dingtai Magnesium resumes magnesium ingot production 7
4.19 Shanxi Pincheng Yuanshi plans to increase magnesium alloy production 8
4.20 Dashiqiao Hengyi stops magnesium powder production 8
4.21 Western Magnesium closes first tranche of private placement for magnesium pilot plant 8
4.22 Xiaomi Automobile's headquarters settles in Beijing Economic-Technological Development Area 8
5. Producers Statistics 8
5.1 Magnesium Ingot 8
5.1.1 Chinese magnesium ingot producers' operating rate up by 6.67% MoM in Nov 8
5.1.2 Chinese magnesium ingot producers' output up by 10.47% MoM in Nov 8
5.1.3 Chinese magnesium ingot producers' stocks down by 55.68% MoM in Nov 9
5.2 Magnesium Alloy 9
5.2.1 Chinese magnesium alloy producers' operating rate up by 7.64% MoM in Nov 9
5.2.2 Chinese magnesium alloy producers' output up by 15.36% MoM in Nov 9
5.2.3 Chinese magnesium alloy producers' stocks down by 20.08% MoM in Nov 10
5.3 Magnesium Powder 10
5.3.1 Chinese magnesium powder producers' operating rate up by 5.66% MoM in Nov 10
5.3.2 Chinese magnesium powder producers' output up by 15.33% MoM in Nov 10
5.3.3 Chinese magnesium powder producers' stocks down by 16.92% MoM in Nov 10
6. Export Statistics 11
6.1 China's unwrought magnesium alloy export volume decreased 51.93% YoY in Oct 2021 11
6.2 China's unwrought magnesium export volume grew 58.45% YoY in Oct 2021 11
6.3 China's magnesium scrap export volume rose 85.80% MoM in Oct 2021 12
7. Relevant Industry News 12
7.1 China's new energy vehicle sales up by 134.9% YOY in Oct 12
7.2 Yulin's magnesium production in Q1-Q3 up by 3% YOY 12
7.3 Aluminum and magnesium industrial park settles in Xing County 12
7.4 Ministry of Finance releases notice on subsidy for new energy vehicles in 2022 ahead of schedule 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 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
