SMM5 May 19 magnesium powder spot express: magnesium powder transaction is more stable factory production reduction to control cost

Published: May 19, 2020 15:15

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Today's domestic magnesium powder (20Mui 80 mesh) spot mainstream factory transaction price of 14300 RMB14700 / ton, little change compared with last week.

SMM5 May 19 magnesium powder spot express: today's domestic magnesium powder (20mur80 mesh) spot mainstream factory transaction price of 14300Mel 14700 yuan / ton, little change compared with last week.

Recently, the price of magnesium ingots in the upper reaches has fluctuated, but the range of rise and fall is small, so the price of magnesium powder will not be adjusted much for the time being. At present, the turnover of magnesium powder in China is relatively stable, mainly due to the needs of domestic downstream steel mills, and a small part of it is also used to make pharmaceutical products. Due to the sharp decline in magnesium powder exports and no positive signs in a short period of time, most of the domestic magnesium powder factories are shrinking their production lines to ensure that the cost is under control.

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