Monthly Magnesium Market Report Jun 2022

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China to halve purchase tax for some passenger cars from Jun 1 3
2.1.Asian Metal Copyright7 Fugu Wanxin decreases magnesium ingot output for equipment maintenance 7 4.Asian Metal Copyright2 IMA encourages U.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks down by 17.Asian Metal CopyrightS. to review magnesium dumping more often amid short squeeze 3
2.1.3 US announces final result of fifth sunset review of anti-dumping on pure magnesium 3
2.1.Asian Metal Copyright36% MoM in Jun 8 5.Asian Metal Copyright4 GACC: China's import and export value of foreign trade up by 8.3% YoY in Jan-May 3
2.1.5 Europe seeks to resume magnesium production by 2025 4
3. Market Movements 4
3.1 Chinese Market 4
3.1.1 Magnesium Ingot 4
3.1.Asian Metal Copyright2 China's magnesium scrap export volume grew 450.Asian Metal Copyright2 Magnesium Ingot 99.95%min 4
3.1.3 Magnesium Powder 4
3.1.4 Magnesium Alloy 5
3.2 Chinese Export Market 5
3.2.1 Chinese Magnesium Ingot Export Market 5
3.2.2 Magnesium Ingot in Warehouse Rotterdam 5
3.2.3 Magnesium Powder 6
3.2.4 Magnesium Alloy 6
3.3 International Market 6
3.3.1 Magnesium Ingot in Port India 6
3.3.2 Magnesium Ingot in Warehouse Russia 6
4. Company News 6
4.1 Fugu Jujinbang Magnesium stops magnesium ingot production 6
4.2 Novelis to build integrated recycling and rolling plant in US 7
4.3 Shaanxi Sanxin reduces magnesium ingot output 7
4.4 Shaanxi Zhimei Integration Technology inaugurated in Yulin 7
4.5 Yunhai Special Metals signs cooperation agreement on casting materials for car body structural parts 7
4.6 Fugu Yabo stops magnesium ingot production for equipment maintenance 7
4.7 Fugu Wanxin decreases magnesium ingot output for equipment maintenance 7
4.8 GAC Group's new energy vehicle sales up by 118.13% YOY in May 2022 7
4.9 BYD's NEV sales up by 348.11% YoY in Jan-May 7
4.10 Fugu Jujinbang Magnesium stops magnesium ingot production 7
4.11 Shenmu Xinqing Magnesium suspends magnesium ingot production 7
4.12 Shenmu Sihai Coal resumes magnesium ingot production 8
5. Producers Statistics 8
5.1 Magnesium Ingot 8
5.1.Asian Metal Copyright3 China's magnesium ingot export volume down by 1.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate down by 3.95% MoM in Jun 8
5.1.Asian Metal Copyright2.Asian Metal Copyright2 Chinese magnesium ingot producers' output down by 3.36% MoM in Jun 8
5.1.Asian Metal Copyright3 Magnesium powder EXW DP 13 8.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks down by 17.63% MoM in Jun 8
5.2 Magnesium Alloy 8
5.2.Asian Metal Copyright5 Europe seeks to resume magnesium production by 2025 4 3.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate up by 3.51% MoM in Jun 8
5.2.Asian Metal Copyright1.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 5.46% MoM in Jun 9
5.2.3 Chinese magnesium alloy producers' stocks up by 27% MoM in Jun 9
5.3 Magnesium Powder 9
5.3.Asian Metal Copyright2 Chinese Export Market 5 3.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate down by 7.39% MoM in Jun 9
5.3.Asian Metal Copyright1.Asian Metal Copyright2 Chinese magnesium powder producers' output down by 19.79% MoM in Jun 10
5.3.Asian Metal Copyright1 Magnesium Ingot 4 3.Asian Metal Copyright3 Chinese magnesium powder producers' stocks down by 16.88% MoM in Jun 10
6. Export Statistics 10
6.1 China's unwrought magnesium alloy export volume grew 75.54% YoY in May 2022 10
6.2 China's magnesium scrap export volume grew 450.86% YoY in May 2022 11
6.3 China's magnesium ingot export volume down by 1.72% MoM in May 2022 11
6.4 China's magnesium powder export volume up by 4.60% MoM in May 2022 11
7. Relevant Industry News 12
7.1 MD Metal cuts secondary aluminum alloy ingot production 12
7.2 CAAM: China's auto sales up by 57.6% MoM in May 12
7.3 CPCA: Preliminary statistics show that China's passenger car retail sales down by 17% YoY in May 12
7.4 SAIC Motor's NEV sales up by 22.3% YoY in Jan-May 12
7.5 CPCA: Preliminary statistics show that China's passenger car retail sales down by 17% YoY in May 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.Asian Metal Copyright1 Chinese Market 12 8.Asian Metal Copyright1 Magnesium ingot 99.9%min EXW D/P 12
8.1.Asian Metal Copyright6 Chinese magnesium alloy AZ91D FOB China 14 .Asian Metal Copyright2 Magnesium ingot 99.95%min EXW D/P 13
8.1.3 Magnesium powder EXW D/P 13
8.1.4 Magnesium alloy AZ91D EXW D/P 13
8.2 International Market 13
8.2.Asian Metal Copyright3 China's magnesium ingot export volume down by 1.Asian Metal Copyright1 Chinese magnesium ingot 99.9%min FOB China 13
8.2.Asian Metal Copyright3 Magnesium Ingot 99.Asian Metal Copyright2 Magnesium ingot 99.9%min CIF Rotterdam 13
8.2.Asian Metal Copyright11 Shenmu Xinqing Magnesium suspends magnesium ingot production 7 4.Asian Metal Copyright3 Magnesium Ingot 99.9%min in Port India 13
8.2.Asian Metal Copyright2 Chinese Export Market 5 3.Asian Metal Copyright4 Magnesium Ingot 99.9%min in Warehouse Russia 13
8.2.Asian Metal Copyright86% YoY in May 2022 11 6.Asian Metal Copyright5 Chinese magnesium powder 99.9%min FOB China 13
8.2.6 Chinese magnesium alloy AZ91D FOB China 14




.Asian Metal Copyright36% MoM in Jun 8 5Asian Metal Copyright