SMM5 May 14 magnesium alloy spot comment: magnesium alloy prices are flat and domestic sales have improved

SMM5 14 magnesium alloy spot comment: today's domestic magnesium alloy AZ91D spot factory transaction price 15000Mel 15300 yuan / ton, AM50/60 spot factory transaction price 14900Mel 15200 yuan / ton.

Recently, the price of magnesium ingots in the upper reaches is more stable and does not rise or fall much, so the price of magnesium alloys is flat compared with last week. On the export side, affected by the overseas epidemic, the export volume of magnesium alloy factories has shrunk significantly. Domestic orders have increased recently, mainly due to an increase in sales of mobile phones, cars and other terminal products in April. Overall shipments in the domestic mobile phone market increased by 14.2% in April compared with the same period last year, so orders from material factories increased, driving up domestic demand for magnesium alloys.