Monthly Magnesium Market Report Sep 2023
2023-10-11 08:17:06 【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 production of ten nonferrous metals up by 7% YoY in Jan-Jul 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 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 Yunhai Special Metals announces name change to Baowu Magnesium 6
4.2 Shenmu Moyuan Dingtai stops magnesium ingot production for equipment maintenance 6
4.3 Shenmu Xinqing stops magnesium ingot production for equipment maintenance 6
4.4 Shenmu Moyuan Dingtai stops magnesium ingot production for equipment maintenance 6
4.5 Shenmu Xinqing stops magnesium ingot production for equipment maintenance 6
4.6 Alliance Magnesium postpones magnesium scrap procurement 6
4.7 Shenmu Moyuan Dingtai to resume magnesium ingot production 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.1 Chinese magnesium ingot producers' operating rate up by 0.44% MoM in Sep 7
5.1.2 Chinese magnesium ingot producers' output up by 1.12% MoM in Sep 7
5.1.3 Chinese magnesium ingot producers' stocks down by 9.25% MoM in Sep 7
5.2 Magnesium Alloy 8
5.2.1 Chinese magnesium alloy producers' operating rate up by 4.37% MoM in Sep 8
5.2.2 Chinese magnesium alloy producers' output up by 7.69% MoM in Sep 8
5.2.3 Chinese magnesium alloy producers' stocks down by 24.75% MoM in Sep 8
5.3 Magnesium Powder 9
5.3.1 Chinese magnesium powder producers' operating rate up by 2.17% MoM in Sep 9
5.3.2 Chinese magnesium powder producers' output up by 5.64% MoM in Sep 9
5.3.3 Chinese magnesium powder producers' stocks down by 26.86% MoM in Sep 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume decreased 28.60% YoY in Aug 2023 9
6.2 China's unwrought magnesium alloy export volume declined 17.80% YoY in Aug 2023 10
6.3 China's magnesium powder and granule export volume grew 80.68% YoY in Aug 2023 11
6.4 China's magnesium scrap export volume declined 74.99% YoY in Aug 2023 11
7. Relevant Industry News 12
7.1 China releases plan to stabilize industrial growth for nonferrous metals 12
7.2 Wutai aims to become China's main producing area for Mg-alloy lightweight material 12
7.3 China's production of ten nonferrous metals up by 6.8% YoY in Jan-Aug 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.1 Magnesium ingot 99.9%min EXW D/P 12
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 13
8.2.6 Chinese magnesium alloy AZ91D FOB China 13
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China's production of ten nonferrous metals up by 7% YoY in Jan-Jul 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 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 Yunhai Special Metals announces name change to Baowu Magnesium 6
4.2 Shenmu Moyuan Dingtai stops magnesium ingot production for equipment maintenance 6
4.3 Shenmu Xinqing stops magnesium ingot production for equipment maintenance 6
4.4 Shenmu Moyuan Dingtai stops magnesium ingot production for equipment maintenance 6
4.5 Shenmu Xinqing stops magnesium ingot production for equipment maintenance 6
4.6 Alliance Magnesium postpones magnesium scrap procurement 6
4.7 Shenmu Moyuan Dingtai to resume magnesium ingot production 7
5. Producers Statistics 7
5.1 Magnesium Ingot 7
5.1.1 Chinese magnesium ingot producers' operating rate up by 0.44% MoM in Sep 7
5.1.2 Chinese magnesium ingot producers' output up by 1.12% MoM in Sep 7
5.1.3 Chinese magnesium ingot producers' stocks down by 9.25% MoM in Sep 7
5.2 Magnesium Alloy 8
5.2.1 Chinese magnesium alloy producers' operating rate up by 4.37% MoM in Sep 8
5.2.2 Chinese magnesium alloy producers' output up by 7.69% MoM in Sep 8
5.2.3 Chinese magnesium alloy producers' stocks down by 24.75% MoM in Sep 8
5.3 Magnesium Powder 9
5.3.1 Chinese magnesium powder producers' operating rate up by 2.17% MoM in Sep 9
5.3.2 Chinese magnesium powder producers' output up by 5.64% MoM in Sep 9
5.3.3 Chinese magnesium powder producers' stocks down by 26.86% MoM in Sep 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume decreased 28.60% YoY in Aug 2023 9
6.2 China's unwrought magnesium alloy export volume declined 17.80% YoY in Aug 2023 10
6.3 China's magnesium powder and granule export volume grew 80.68% YoY in Aug 2023 11
6.4 China's magnesium scrap export volume declined 74.99% YoY in Aug 2023 11
7. Relevant Industry News 12
7.1 China releases plan to stabilize industrial growth for nonferrous metals 12
7.2 Wutai aims to become China's main producing area for Mg-alloy lightweight material 12
7.3 China's production of ten nonferrous metals up by 6.8% YoY in Jan-Aug 12
8. Market Outlook for Next Month 12
8.1 Chinese Market 12
8.1.1 Magnesium ingot 99.9%min EXW D/P 12
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 13
8.2.6 Chinese magnesium alloy AZ91D FOB China 13
