Monthly Magnesium Market Report Mar 2023

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.Asian Metal Copyright2 Chinese magnesium alloy producers' output down by 4.Asian Metal Copyright1 China again extends tariff exemptions on some U.Asian Metal Copyright1.Asian Metal CopyrightS. imported products 3
2.1.Asian Metal Copyright1.Asian Metal Copyright2 GAC Group's NEV sales up by 204.93% YOY in Feb 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright2.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 5
3.3.2 Magnesium Ingot in Warehouse Russia 6
4. Company News 6
4.1 Keboda to build automobile production base with 600 Xinjiang Tengxiang stops magnesium ingot production 6
4.2 Chongqing BoAo starts construction of high-performance Mg-alloy production base project 6
4.3 Yunhai Special Metals is building 50ktpy magnesium metal project in Chaohu 6
4.4 Fugu Jinwantong plans to stop magnesium ingot production 6
4.5 Fugu Xintian Magnesium to stop magnesium ingot production 6
4.6 Taiyuan Kangmei stops magnesium alloy production 6
4.7 Yulin Wanyuan Magnesium suspends magnesium ingot production 6
4.8 Fugu Wanxin intends to stop magnesium ingot production for equipment maintenance 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.Asian Metal Copyright1.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate down by 2.69% MoM in Mar 7
5.1.Asian Metal Copyright3.Asian Metal Copyright2 Chinese magnesium ingot producers' output down by 4.09% MoM in Mar 7
5.1.Asian Metal Copyright2.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks up by 4.96% MoM in Mar 7
5.2 Magnesium Alloy 7
5.2.Asian Metal Copyright4 Magnesium Ingot 99.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate down by 3.09% MoM in Mar 8
5.2.Asian Metal Copyright92% MoM in Feb 2023 10 6.Asian Metal Copyright2 Chinese magnesium alloy producers' output down by 4.43% MoM in Mar 8
5.2.Asian Metal Copyright2.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks up by 2.83% MoM in Mar 8
5.3 Magnesium Powder 8
5.3.Asian Metal Copyright2.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate down by 0.76% MoM in Mar 8
5.3.Asian Metal Copyright95%min 4 3.Asian Metal Copyright2 Chinese magnesium powder producers' output down by 2.32% MoM in Mar 9
5.3.Asian Metal Copyright1.Asian Metal Copyright3 Chinese magnesium powder producers' stocks up by 2.56% MoM in Mar 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume fell 38.83% YoY in Feb 2023 9
6.2 China's unwrought magnesium alloy export volume declined 19.92% MoM in Feb 2023 10
6.3 China's magnesium powder and granule export volume decreased 28.78% MoM in Feb 2023 10
6.4 China's magnesium scrap export volume rose 104.81% YoY in Feb 2023 11
7. Relevant Industry News 11
7.1 BYD's NEV sales up by 90.13% YoY in Jan-Feb 12
7.2 SAIC Motor reports 30.63% decline in finished automobile sales in Jan-Feb 12
7.3 China expects to have 2.9 mln 5G base stations by end of 2023 12
7.4 SAIC Motor reports 30.63% decline in finished automobile sales in Jan-Feb 12
7.5 GACC: China's auto exports up by 43.2% YoY in Jan-Feb 12
7.6 CAAM: China's auto sales up by 13.5% YoY in Feb 12
7.7 CAAC: China's NEV sales up by 55.9% YOY in Feb 12
7.8 NBS: China's new energy vehicle output up by 16.3% YOY in Jan-Feb 2023 12
7.9 Shanghai's foreign trade hits record high in first two months 12
7.10 China's industrial robot production in Jan-Feb down by 19.2% YoY 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.Asian Metal Copyright6 CAAM: China's auto sales up by 13.Asian Metal Copyright1 Magnesium ingot 99.9%min EXW D/P 12
8.1.Asian Metal Copyright2.Asian Metal Copyright2 Magnesium ingot 99.95%min EXW D/P 12
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 Copyright32% MoM in Mar 9 5.Asian Metal Copyright1 Chinese magnesium ingot 99.9%min FOB China 13
8.2.Asian Metal Copyright3 China's magnesium powder and granule export volume decreased 28.Asian Metal Copyright2 Magnesium ingot 99.9%min CIF Rotterdam 13
8.2.Asian Metal Copyright2 Magnesium Ingot 99.Asian Metal Copyright3 Magnesium Ingot 99.9%min in Port India 13
8.2.Asian Metal Copyright4 SAIC Motor reports 30.Asian Metal Copyright4 Magnesium Ingot 99.9%min in Warehouse Russia 13
8.2.Asian Metal Copyright Market Movements 3 3.Asian Metal Copyright5 Chinese magnesium powder 99.9%min FOB China 13
8.2.6 Chinese magnesium alloy AZ91D FOB China 13





.Asian Metal Copyright2 Chinese magnesium ingot producers' output down by 4Asian Metal Copyright