Mg Ingot FOB Tianjin Rises to $2,360-2,410/t; European Inquiries Up Amid Freight Volatility

Published: Feb 24, 2026 13:40

Save

[SMM Magnesium Express] Post-holiday Mg ingot FOB Tianjin port offers rose to $2,360-2,410/t, up $35 from Feb 13. Pre-holiday export orders were mainly for March shipment, with traders now focused on stocking and delivery. European inquiries increased during holidays; CIF Rotterdam offers stayed high due to freight volatility, with downstream buyers cautious. A peak in new overseas orders is expected in late February to early March.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Rutile TiO₂ Prices Rise Post-Holiday, Market Awaits Further Increases

[SMM Titanium Express] Post-holiday rutile TiO₂ offers at 12,800-14,500 yuan/t, averaging 13,650 yuan/t, up 150 yuan from Feb 13. Market poised for increases, awaiting fresh price hike announcements. Titanium concentrate stable at pre-holiday levels, awaiting March orders. Titanium metal steady with civilian sector inventories still long.

1 hour ago

Domestic Rhenium Market Review After the Spring Festival Holiday

1 hour ago

Rumors of Northern Major Producer Successfully Concluding Transaction for Over 20 Tons of Crude Selenium

SMM February 24 News: According to market rumors, a major northern producer recently conducted a public sales tender for over 20 tons of crude selenium, which has drawn significant market attention. It is rumored that the tender ultimately concluded successfully with all bids fulfilled. Although the official transaction price has not been disclosed, market participants involved in the bidding revealed that the final transaction price was no less than 185 yuan/kg.

1 hour ago