Magnesium Ingot Prices Rise as Market Trading Sentiment Improves, Reaching 15850-15900 Yuan/Ton

Published: Aug 12, 2026 16:48

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【SMM Magnesium Express】Today, the mainstream transaction of magnesium ingot market is concentrated at 15850-15900 yuan/ton, the market trading sentiment has picked up somewhat, and magnesium prices are fluctuating upward. In the morning, the mainstream quotation from smelters stood at 15850 yuan/ton, with some orders transacted at this price; producers have a strong willingness to support prices, leaving limited room for further decline in magnesium prices. In the afternoon, traders entered the market for centralized procurement, driving an increase in market trading volume and pushing prices higher. Multiple magnesium plants closed deals at 15900 yuan/ton, and at the current stage, some manufacturers have chosen to suspend shipments at the price of 15900 yuan/ton.

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