China's magnesium powder output was 6,212 mt in March, up 22% MoM and 8.7% YoY.
There were few orders during the CNY holidays and a strong wait-and-see mood among downstream buyers amid falling magnesium ingot prices. In addition, rising shipping costs caused by Houthi’s attack on merchant ships in Red Sea undermined overseas orders, lowering production of some domestic magnesium powder makers. The person in charge of a large magnesium powder company said that poor profits amid domestic economic downturn made magnesium ingot prices more volatile, leading to prudent buying for magnesium powder. Low-priced magnesium ingots may add orders for magnesium powder. SMM predicts that domestic magnesium powder output will remain at 6,000 mt in April.
![Costos respaldan las cotizaciones del lingote de magnesio; la débil demanda en los mercados nacional e internacional podría llevar a una consolidación [SMM Informe exprés del mercado spot del lingote de magnesio]](https://imgqn.smm.cn/usercenter/LYGyd20251217171725.jpg)

![El aumento de los costos de producción impulsa al alza los precios de los lingotes de magnesio, mientras que la débil demanda limita el repunte [SMM Magnesium Ingot Spot Express]](https://imgqn.smm.cn/usercenter/qjvqf20251217171725.jpg)
