Monthly Magnesium Market Report Dec 2022

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1 China's central bank to cut RRR by 0.25 percentage points 3
2.2 China further extends tariff exemptions on some U.Asian Metal Copyright2% YoY in Nov 12 7.Asian Metal CopyrightS. imported products 3
2.3 UNCTAD: Global trade value expected to reach USD32 trillion by 2022 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright6 Fugu Taida resumes magnesium ingot production 6 4.Asian Metal Copyright2 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 6
3.3.2 Magnesium Ingot in Warehouse Russia 6
4. Company News 6
4.1 Shanxi Kangmei intends to resume magnesium alloy production 6
4.2 Baode Shuntai Magnesium reduces magnesium ingot output 6
4.3 Fugu Jinchuan stops magnesium ingot production 6
4.4 Fugu Taida stops magnesium ingot production 6
4.5 Fugu Jinchuan Magnesium resumes magnesium ingot production 6
4.6 Fugu Taida resumes magnesium ingot production 6
4.7 Hami Shengmei Magnesium decreases output of magnesium ingot?? 7
4.8 China Construction Fourth Engineering Division and Yunhai Special Metals sign Wutai magnesium project 7
4.9 Fugu Taida resumes magnesium ingot production?? 7
4.10 Inner Mongolia Yunsheng Magnesium stops magnesium ingot production 7
4.11 Xinjiang Tengxiang decreases magnesium ingot output 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.Asian Metal Copyright2 Magnesium Alloy 8 5.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate down by 12.57% MoM in Dec 7
5.1.Asian Metal Copyright56% MoM in Dec 8 5.Asian Metal Copyright2 Chinese magnesium ingot producers' output down by 16.36% MoM in Dec 7
5.1.Asian Metal Copyright9%min in Warehouse Russia 13 8.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks down by 6.56% MoM in Dec 8
5.2 Magnesium Alloy 8
5.2.Asian Metal Copyright5 SAIC Motor: New energy vehicle sales up by 57.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate up by 1.8% MoM in Dec 8
5.2.Asian Metal Copyright3 Magnesium Powder 5 3.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 2.49% MoM in Dec 8
5.2.Asian Metal Copyright95%min 4 3.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks up by 9.85% MoM in Dec 9
5.3 Magnesium Powder 9
5.3.Asian Metal Copyright7 Hami Shengmei Magnesium decreases output of magnesium ingot?? 7 4.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate up by 3.53% MoM in Dec 9
5.3.Asian Metal Copyright3 Magnesium Ingot 99.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 10.78% MoM in Dec 9
5.3.Asian Metal Copyright3 GACC: China's auto exports up by 54.Asian Metal Copyright3 Chinese magnesium powder producers' stocks down by 6.49% MoM in Dec 9
6. Export Statistics 10
6.1 China's unwrought magnesium export volume fell 31.69% YoY in Nov 2022 10
6.2 China's unwrought magnesium alloy export volume increased 14.21% YoY in Nov 2022 10
6.3 China's magnesium powder and granule export volume grew 15.08% MoM in Nov 2022 11
6.4 China's magnesium scrap export volume grew 244.85% YoY in Nov 2022 11
7. Relevant Industry News 12
7.1 China to accelerate revision of mandatory energy quota standards for steel, non-ferrous metal and other industries 12
7.2 CPCA: China's passenger car retail sales down by 9.2% YoY in Nov 12
7.3 GACC: China's auto exports up by 54.9% YoY in Jan-Nov 12
7.4 CAAM: China's auto sales down by 7.9% YoY in Nov 12
7.5 SAIC Motor: New energy vehicle sales up by 57.91% YOY in Nov 12
7.6 CAAM: Sales of top ten auto enterprises total 20.95 million units in Jan-Nov 13
7.7 GAC Toyota's NEV expansion project of 200,000 units/year put into operation?? 13
8. Market Outlook for Next Month 13
8.1 Chinese Market 13
8.1.Asian Metal Copyright1 China's central bank to cut RRR by 0.Asian Metal Copyright1 Magnesium ingot 99.9%min EXW D/P 13
8.1.Asian Metal Copyright2.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 Copyright8% MoM in Dec 8 5.Asian Metal Copyright1 Chinese magnesium ingot 99.9%min FOB China 13
8.2.Asian Metal Copyright4 CAAM: China's auto sales down by 7.Asian Metal Copyright2 Magnesium ingot 99.9%min CIF Rotterdam 13
8.2.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 10.Asian Metal Copyright3 Magnesium Ingot 99.9%min in Port India 13
8.2.Asian Metal Copyright57% MoM in Dec 7 5.Asian Metal Copyright4 Magnesium Ingot 99.9%min in Warehouse Russia 13
8.2.Asian Metal Copyright8% MoM in Dec 8 5.Asian Metal Copyright5 Chinese magnesium powder 99.9%min FOB China 14
8.2.6 Chinese magnesium alloy AZ91D FOB China 14



.Asian Metal Copyright6 Fugu Taida resumes magnesium ingot production 6 4Asian Metal Copyright