Monthly Magnesium Market Report Dec 2023
2024-01-11 20:25:11 【Print】
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Contents
1. Market Highlights 2
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China to adjust import and export tariffs in 2024 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 3
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 4
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 5
4. Company News 5
4.1 Yulin reports magnesium metal production of 391.4kt in first ten months 5
4.2 Dayou Magnesium to build 150ktpa magnesium ingot project in Xinjiang 6
4.3 Sinyuan ZM signs large automotive Mg-alloy precision parts project 6
4.4 Alliance Magnesium hard to resume magnesium alloy production 6
4.5 Zhengzhou Light Alloy Institute produces large-sized forged magnesium alloy plate 6
4.6 Chaohu lightweight magnesium alloy project begins phase two construction 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.1 Chinese magnesium ingot producers' operating rate up by 13.93% MoM in Dec 6
5.1.2 Chinese magnesium ingot producers' output up by 13.92% MoM in Dec 6
5.1.3 Chinese magnesium ingot producers' stocks down by 4.02% MoM in Dec 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate up by 0.34% MoM in Dec 7
5.2.2 Chinese magnesium alloy producers' output up by 2.82% MoM in Dec 7
5.2.3 Chinese magnesium alloy producers' stocks down by 20.11% MoM in Dec 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate down by 3.99% MoM in Dec 8
5.3.2 Chinese magnesium powder producers' output down by 3.97% MoM in Dec 8
5.3.3 Chinese magnesium powder producers' stocks down by 21.15% MoM in Dec 8
6. Export Statistics 9
6.1 China's unwrought magnesium export volume down by 7.90% MoM in Nov 2023 9
6.2 China's unwrought magnesium alloy export volume decreased 19.44% YoY in Nov 2023 9
6.3 China's magnesium powder and granule export volume decreased 15.74% YoY in Nov 2023 10
6.4 China's magnesium scrap export volume declined 82.67% YoY in Nov 2023 10
7. Relevant Industry News 11
7.1 China's Fugu reports decrease in Q1-Q3 magnesium production 11
7.2 Fugu Jan-Oct magnesium production down by 21.4% YoY 11
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 12
8.2 International Market 12
8.2.1 Chinese magnesium ingot 99.9%min FOB China 12
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 12
8.2.3 Magnesium Ingot 99.9%min in Port India 12
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 12
8.2.5 Chinese magnesium powder 99.9%min FOB China 12
8.2.6 Chinese magnesium alloy AZ91D FOB China 12
1. Market Highlights 2
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China to adjust import and export tariffs in 2024 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 3
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 4
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 5
4. Company News 5
4.1 Yulin reports magnesium metal production of 391.4kt in first ten months 5
4.2 Dayou Magnesium to build 150ktpa magnesium ingot project in Xinjiang 6
4.3 Sinyuan ZM signs large automotive Mg-alloy precision parts project 6
4.4 Alliance Magnesium hard to resume magnesium alloy production 6
4.5 Zhengzhou Light Alloy Institute produces large-sized forged magnesium alloy plate 6
4.6 Chaohu lightweight magnesium alloy project begins phase two construction 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.1 Chinese magnesium ingot producers' operating rate up by 13.93% MoM in Dec 6
5.1.2 Chinese magnesium ingot producers' output up by 13.92% MoM in Dec 6
5.1.3 Chinese magnesium ingot producers' stocks down by 4.02% MoM in Dec 7
5.2 Magnesium Alloy 7
5.2.1 Chinese magnesium alloy producers' operating rate up by 0.34% MoM in Dec 7
5.2.2 Chinese magnesium alloy producers' output up by 2.82% MoM in Dec 7
5.2.3 Chinese magnesium alloy producers' stocks down by 20.11% MoM in Dec 8
5.3 Magnesium Powder 8
5.3.1 Chinese magnesium powder producers' operating rate down by 3.99% MoM in Dec 8
5.3.2 Chinese magnesium powder producers' output down by 3.97% MoM in Dec 8
5.3.3 Chinese magnesium powder producers' stocks down by 21.15% MoM in Dec 8
6. Export Statistics 9
6.1 China's unwrought magnesium export volume down by 7.90% MoM in Nov 2023 9
6.2 China's unwrought magnesium alloy export volume decreased 19.44% YoY in Nov 2023 9
6.3 China's magnesium powder and granule export volume decreased 15.74% YoY in Nov 2023 10
6.4 China's magnesium scrap export volume declined 82.67% YoY in Nov 2023 10
7. Relevant Industry News 11
7.1 China's Fugu reports decrease in Q1-Q3 magnesium production 11
7.2 Fugu Jan-Oct magnesium production down by 21.4% YoY 11
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 12
8.2 International Market 12
8.2.1 Chinese magnesium ingot 99.9%min FOB China 12
8.2.2 Magnesium ingot 99.9%min CIF Rotterdam 12
8.2.3 Magnesium Ingot 99.9%min in Port India 12
8.2.4 Magnesium Ingot 99.9%min in Warehouse Russia 12
8.2.5 Chinese magnesium powder 99.9%min FOB China 12
8.2.6 Chinese magnesium alloy AZ91D FOB China 12
