Monthly Magnesium Market Report Jul 2023
2023-08-10 17:04:17 【Print】
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Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China's H1 production of ten nonferrous metals up by 8% YoY 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.2 Magnesium Ingot 99.95%min 3
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 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 Yunhai Special Metals to build high-quality ferrosilicon project 6
4.2 Yunhai Special Metals trial produces super large Mg-alloy automotive die castings 6
4.3 Shenmu Xinqing decreases magnesium ingot output for equipment maintenance 6
4.4 Shanxi Wulong Investment decreases magnesium ingot output 6
4.5 Inner Mongolia Huihao resumes magnesium ingot production 6
4.6 Shenmu Xinqing decreases magnesium ingot output for equipment maintenance 6
4.7 WZ Group expands presence in magnesium industry by acquiring stake in Qixin Alloy 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.1 Chinese magnesium ingot producers' operating rate down by 0.23% MoM in Jul 7
5.1.2 Chinese magnesium ingot producers' output down by 0.46% MoM in Jul 7
5.1.3 Chinese magnesium ingot producers' stocks down by 16.44% MoM in Jul 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate down by 1.79% MoM in Jul 7
5.2.2 Chinese magnesium alloy producers' output down by 3.19% MoM in Jul 8
5.2.3 Chinese magnesium alloy producers' stocks down by 8.16% MoM in Jul 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate up by 1.22% MoM in Jul 8
5.3.2 Chinese magnesium powder producers' output up by 4.17% MoM in Jul 9
5.3.3 Chinese magnesium powder producers' stocks down by 21.59% MoM in Jul 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume grew 42.92% MoM in Jun 2023 9
6.2 China's unwrought magnesium alloy export volume decreased 31.01% YoY in Jun 2023 10
6.3 China's magnesium powder and granule export volume fell 12.69% MoM in Jun 2023 10
7. Relevant Industry News 10
7.1 Xinjiang Jinsheng Magnesium to stop magnesium ingot production for equipment maintenance 10
7.2 Jiangsu Runze breaks ground on 350ktpa Al-Mg alloy project 10
7.3 WZ Group expands presence in magnesium industry by acquiring stake in Qixin Alloy 10
8. Market Outlook for Next Month 11
8.1 Chinese Market 11
8.1.1 Magnesium ingot 99.9%min EXW D/P 11
8.1.2 Magnesium ingot 99.95%min EXW D/P 11
8.1.3 Magnesium powder EXW D/P 11
8.1.4 Magnesium alloy AZ91D EXW D/P 11
8.2 International Market 11
8.2.1 Chinese magnesium ingot 99.9%min FOB China 11
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 11
8.2.3 Magnesium Ingot 99.9%min in Port India 11
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 11
8.2.5 Chinese magnesium powder 99.9%min FOB China 11
8.2.6 Chinese magnesium alloy AZ91D FOB China 11
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China's H1 production of ten nonferrous metals up by 8% YoY 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.2 Magnesium Ingot 99.95%min 3
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 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 Yunhai Special Metals to build high-quality ferrosilicon project 6
4.2 Yunhai Special Metals trial produces super large Mg-alloy automotive die castings 6
4.3 Shenmu Xinqing decreases magnesium ingot output for equipment maintenance 6
4.4 Shanxi Wulong Investment decreases magnesium ingot output 6
4.5 Inner Mongolia Huihao resumes magnesium ingot production 6
4.6 Shenmu Xinqing decreases magnesium ingot output for equipment maintenance 6
4.7 WZ Group expands presence in magnesium industry by acquiring stake in Qixin Alloy 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.1 Chinese magnesium ingot producers' operating rate down by 0.23% MoM in Jul 7
5.1.2 Chinese magnesium ingot producers' output down by 0.46% MoM in Jul 7
5.1.3 Chinese magnesium ingot producers' stocks down by 16.44% MoM in Jul 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate down by 1.79% MoM in Jul 7
5.2.2 Chinese magnesium alloy producers' output down by 3.19% MoM in Jul 8
5.2.3 Chinese magnesium alloy producers' stocks down by 8.16% MoM in Jul 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate up by 1.22% MoM in Jul 8
5.3.2 Chinese magnesium powder producers' output up by 4.17% MoM in Jul 9
5.3.3 Chinese magnesium powder producers' stocks down by 21.59% MoM in Jul 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume grew 42.92% MoM in Jun 2023 9
6.2 China's unwrought magnesium alloy export volume decreased 31.01% YoY in Jun 2023 10
6.3 China's magnesium powder and granule export volume fell 12.69% MoM in Jun 2023 10
7. Relevant Industry News 10
7.1 Xinjiang Jinsheng Magnesium to stop magnesium ingot production for equipment maintenance 10
7.2 Jiangsu Runze breaks ground on 350ktpa Al-Mg alloy project 10
7.3 WZ Group expands presence in magnesium industry by acquiring stake in Qixin Alloy 10
8. Market Outlook for Next Month 11
8.1 Chinese Market 11
8.1.1 Magnesium ingot 99.9%min EXW D/P 11
8.1.2 Magnesium ingot 99.95%min EXW D/P 11
8.1.3 Magnesium powder EXW D/P 11
8.1.4 Magnesium alloy AZ91D EXW D/P 11
8.2 International Market 11
8.2.1 Chinese magnesium ingot 99.9%min FOB China 11
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 11
8.2.3 Magnesium Ingot 99.9%min in Port India 11
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 11
8.2.5 Chinese magnesium powder 99.9%min FOB China 11
8.2.6 Chinese magnesium alloy AZ91D FOB China 11
