Monthly Magnesium Market Report Jul 2022
2022-08-11 20:35:59 【Print】
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Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 IMA encourages U.S. to review magnesium dumping more often amid short squeeze 3
2.1.2 GACC: China's exports of unwrought aluminum and aluminum products up by 34.1% YoY in H1 2022 3
2.1.3 Brazil announces final decision on third expiry review of anti-dumping measures on magnesium granules from China 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.2 Magnesium Ingot 99.95%min 4
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 5
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 Anhui Baomei's 300ktpy lightweight magnesium alloy project begins construction of main plant 6
4.2 Yulin Wanyuan Magnesium to reduce output of magnesium ingot for equipment maintenance 6
4.3 Fugu Haotian reduces magnesium ingot output for equipment maintenance 6
4.4 Fugu Jinchuan Hongtai First Plant stops magnesium ingot production for equipment maintenance 6
4.5 Inner Mongolia Yunsheng Magnesium stops magnesium ingot production for equipment maintenance 6
4.6 Shaanxi Tianyu Magnesium decreases magnesium ingot output for equipment maintenance 6
4.7 Tengdali Magnesium stops magnesium ingot production for equipment maintenance 6
4.8 Baode Shuntai to stop magnesium ingot production for equipment maintenance 6
4.9 Hami Shengmei decreases output of magnesium ingot for equipment maintenance 6
4.10 Hebi Meiduo to stop magnesium powder production 7
4.11 Fugu Jinchuan Hongtai First Plant stops magnesium ingot production for equipment maintenance 7
4.12 Inner Mongolia Yunsheng Magnesium stops magnesium ingot production for equipment maintenance 7
4.13 Fugu Jinchuan Hongtai increases magnesium alloy output 7
4.14 Fugu Yufeng reduces output of magnesium ingot 7
4.15 Xinxiang Jinghua suspends magnesium powder production 7
4.16 CPCA: China's new energy passenger car retail sales increase by 22.6% YoY in Jun 7
4.17 Fugu Wenzhongfeng decreases output of magnesium ingot for equipment maintenance 7
4.18 Fugu Jinchuan Hongtai Second Plant reduces magnesium ingot output for equipment maintenance 7
4.19 Shaanxi Sanxin suspends magnesium ingot production for equipment maintenance 8
4.20 Inner Mongolia Yunsheng to resume magnesium ingot production 8
5. Producers Statistics 8
5.1 Magnesium Ingot 8
5.1.1 Chinese magnesium ingot producers' operating rate down by 10.62% MoM in Jul 8
5.1.2 Chinese magnesium ingot producers' output down by 13.79% MoM in Jul 8
5.1.3 Chinese magnesium ingot producers' stocks down by 9.86% MoM in Jul 8
5.2 Magnesium Alloy 9
5.2.1 Chinese magnesium alloy producers' operating rate down by 0.75% MoM in Jul 9
5.2.2 Chinese magnesium alloy producers' output down by 1.11% MoM in Jul 9
5.2.3 Chinese magnesium alloy producers' stocks down by 10.49% MoM in Jul 9
5.3 Magnesium Powder 9
5.3.1 Chinese magnesium powder producers' operating rate down by 5.65% MoM in Jul 9
5.3.2 Chinese magnesium powder producers' output down by 18.83% MoM in Jul 10
5.3.3 Chinese magnesium powder producers' stocks down by 12.5% MoM in Jul 10
6. Export Statistics 10
6.1 China's unwrought magnesium alloy export volume grew 76.70% YoY in Jun 2022 10
6.2 China's magnesium scrap export volume rose 143.62% YoY in Jun 2022 11
6.3 China's unwrought magnesium export volume rose 10.25% YoY in Jun 2022 12
7. Relevant Industry News 12
7.1 CAAM: Chinese auto manufacturing industry's operation revenue in Jan-May down YOY 12
7.2 China's magnesium scrap export volume grew 450.86% YoY in May 2022 12
7.3 SAIC Motor's NEV sales up by 32.90% YoY in Jan-Jun 12
7.4 China's parc of new energy vehicles breaks 10 million units 12
7.5 GACC: China's import and export value of foreign trade up by 9.4% YoY in Jan-Jun 13
7.6 IMF again cuts global economy growth forecast for 2022 and 2023 13
7.7 NDRC allocates RMB2.4 billion to support construction of energy conservation and carbon reduction projects 13
8. Market Outlook for Next Month 13
8.1 Chinese Market 13
8.1.1 Magnesium ingot 99.9%min EXW D/P 13
8.1.2 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
8.2.1 Chinese magnesium ingot 99.9%min FOB China 13
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 14
8.2.3 Magnesium Ingot 99.9%min in Port India 14
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 14
8.2.5 Chinese magnesium powder 99.9%min FOB China 14
8.2.6 Chinese magnesium alloy AZ91D FOB China 14
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 IMA encourages U.S. to review magnesium dumping more often amid short squeeze 3
2.1.2 GACC: China's exports of unwrought aluminum and aluminum products up by 34.1% YoY in H1 2022 3
2.1.3 Brazil announces final decision on third expiry review of anti-dumping measures on magnesium granules from China 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.2 Magnesium Ingot 99.95%min 4
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 5
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 Anhui Baomei's 300ktpy lightweight magnesium alloy project begins construction of main plant 6
4.2 Yulin Wanyuan Magnesium to reduce output of magnesium ingot for equipment maintenance 6
4.3 Fugu Haotian reduces magnesium ingot output for equipment maintenance 6
4.4 Fugu Jinchuan Hongtai First Plant stops magnesium ingot production for equipment maintenance 6
4.5 Inner Mongolia Yunsheng Magnesium stops magnesium ingot production for equipment maintenance 6
4.6 Shaanxi Tianyu Magnesium decreases magnesium ingot output for equipment maintenance 6
4.7 Tengdali Magnesium stops magnesium ingot production for equipment maintenance 6
4.8 Baode Shuntai to stop magnesium ingot production for equipment maintenance 6
4.9 Hami Shengmei decreases output of magnesium ingot for equipment maintenance 6
4.10 Hebi Meiduo to stop magnesium powder production 7
4.11 Fugu Jinchuan Hongtai First Plant stops magnesium ingot production for equipment maintenance 7
4.12 Inner Mongolia Yunsheng Magnesium stops magnesium ingot production for equipment maintenance 7
4.13 Fugu Jinchuan Hongtai increases magnesium alloy output 7
4.14 Fugu Yufeng reduces output of magnesium ingot 7
4.15 Xinxiang Jinghua suspends magnesium powder production 7
4.16 CPCA: China's new energy passenger car retail sales increase by 22.6% YoY in Jun 7
4.17 Fugu Wenzhongfeng decreases output of magnesium ingot for equipment maintenance 7
4.18 Fugu Jinchuan Hongtai Second Plant reduces magnesium ingot output for equipment maintenance 7
4.19 Shaanxi Sanxin suspends magnesium ingot production for equipment maintenance 8
4.20 Inner Mongolia Yunsheng to resume magnesium ingot production 8
5. Producers Statistics 8
5.1 Magnesium Ingot 8
5.1.1 Chinese magnesium ingot producers' operating rate down by 10.62% MoM in Jul 8
5.1.2 Chinese magnesium ingot producers' output down by 13.79% MoM in Jul 8
5.1.3 Chinese magnesium ingot producers' stocks down by 9.86% MoM in Jul 8
5.2 Magnesium Alloy 9
5.2.1 Chinese magnesium alloy producers' operating rate down by 0.75% MoM in Jul 9
5.2.2 Chinese magnesium alloy producers' output down by 1.11% MoM in Jul 9
5.2.3 Chinese magnesium alloy producers' stocks down by 10.49% MoM in Jul 9
5.3 Magnesium Powder 9
5.3.1 Chinese magnesium powder producers' operating rate down by 5.65% MoM in Jul 9
5.3.2 Chinese magnesium powder producers' output down by 18.83% MoM in Jul 10
5.3.3 Chinese magnesium powder producers' stocks down by 12.5% MoM in Jul 10
6. Export Statistics 10
6.1 China's unwrought magnesium alloy export volume grew 76.70% YoY in Jun 2022 10
6.2 China's magnesium scrap export volume rose 143.62% YoY in Jun 2022 11
6.3 China's unwrought magnesium export volume rose 10.25% YoY in Jun 2022 12
7. Relevant Industry News 12
7.1 CAAM: Chinese auto manufacturing industry's operation revenue in Jan-May down YOY 12
7.2 China's magnesium scrap export volume grew 450.86% YoY in May 2022 12
7.3 SAIC Motor's NEV sales up by 32.90% YoY in Jan-Jun 12
7.4 China's parc of new energy vehicles breaks 10 million units 12
7.5 GACC: China's import and export value of foreign trade up by 9.4% YoY in Jan-Jun 13
7.6 IMF again cuts global economy growth forecast for 2022 and 2023 13
7.7 NDRC allocates RMB2.4 billion to support construction of energy conservation and carbon reduction projects 13
8. Market Outlook for Next Month 13
8.1 Chinese Market 13
8.1.1 Magnesium ingot 99.9%min EXW D/P 13
8.1.2 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
8.2.1 Chinese magnesium ingot 99.9%min FOB China 13
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 14
8.2.3 Magnesium Ingot 99.9%min in Port India 14
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 14
8.2.5 Chinese magnesium powder 99.9%min FOB China 14
8.2.6 Chinese magnesium alloy AZ91D FOB China 14
