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.
![Le soutien des coûts fait remonter les cotations des lingots de magnésium ; la faiblesse de la demande sur les marchés intérieurs et étrangers pourrait entraîner une consolidation [SMM Magnesium Ingot Spot Express]](https://imgqn.smm.cn/usercenter/LYGyd20251217171725.jpg)

![La hausse des coûts de production fait grimper les prix des lingots de magnésium, tandis que la demande atone limite le rebond [SMM Express des prix spot du lingot de magnésium]](https://imgqn.smm.cn/usercenter/qjvqf20251217171725.jpg)
