China's Magnesium Powder Output Fell In April

China's magnesium powder output stood at 5,000 mt in April, down 6.3% MoM. The output totalled 23,000 mt in January-April 2023.

In April, the domestic magnesium powder market was still sluggish. The acceptance of the sharply rising magnesium powder prices by downstream buyers, combined with the insignificant growth in domestic orders failing to undermine the negative impact brought by the long sluggish export market, kept the production enthusiasm of magnesium powder plants weak. As such, the output of magnesium powder will remain low in May at stand at around 55,000 mt.

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