Monthly Magnesium Market Report Dec 2022
2023-01-12 14:28:26 【Print】
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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.S. 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
3.1.2 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 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
5.1.1 Chinese magnesium ingot producers' operating rate down by 12.57% MoM in Dec 7
5.1.2 Chinese magnesium ingot producers' output down by 16.36% MoM in Dec 7
5.1.3 Chinese magnesium ingot producers' stocks down by 6.56% MoM in Dec 8
5.2 Magnesium Alloy 8
5.2.1 Chinese magnesium alloy producers' operating rate up by 1.8% MoM in Dec 8
5.2.2 Chinese magnesium alloy producers' output up by 2.49% MoM in Dec 8
5.2.3 Chinese magnesium alloy producers' stocks up by 9.85% MoM in Dec 9
5.3 Magnesium Powder 9
5.3.1 Chinese magnesium powder producers' operating rate up by 3.53% MoM in Dec 9
5.3.2 Chinese magnesium powder producers' output up by 10.78% MoM in Dec 9
5.3.3 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
8.1.1 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 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 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 China's central bank to cut RRR by 0.25 percentage points 3
2.2 China further extends tariff exemptions on some U.S. 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
3.1.2 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 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
5.1.1 Chinese magnesium ingot producers' operating rate down by 12.57% MoM in Dec 7
5.1.2 Chinese magnesium ingot producers' output down by 16.36% MoM in Dec 7
5.1.3 Chinese magnesium ingot producers' stocks down by 6.56% MoM in Dec 8
5.2 Magnesium Alloy 8
5.2.1 Chinese magnesium alloy producers' operating rate up by 1.8% MoM in Dec 8
5.2.2 Chinese magnesium alloy producers' output up by 2.49% MoM in Dec 8
5.2.3 Chinese magnesium alloy producers' stocks up by 9.85% MoM in Dec 9
5.3 Magnesium Powder 9
5.3.1 Chinese magnesium powder producers' operating rate up by 3.53% MoM in Dec 9
5.3.2 Chinese magnesium powder producers' output up by 10.78% MoM in Dec 9
5.3.3 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
8.1.1 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 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 14
8.2.6 Chinese magnesium alloy AZ91D FOB China 14
