Production Declines + Foreign Trade Under Pressure! In February, the Magnesium Market Was Attacked on Both Fronts; Can Domestic Demand Fill the Gap and Sustain Hopes for a March Recovery? [SMM Analysis]
[Production Declines + Foreign Trade Under Pressure! The Magnesium Market Faced Challenges on Both Fronts in February; Can Domestic Demand Fill the Gap and Sustain Hopes for a March Recovery?] In February 2026, magnesium prices fluctuated rangebound within a price range of 16,400-16,800 yuan/mt, with the February average price at 16,464 yuan/mt, flat MoM.