Vanadium-destined to be extraordinary because of its gold [SMM column]

Tin tức SMM ngày 19/3: Theo nguồn tin thị trường, Công ty TNHH Công nghiệp Indi Jilang huyện Nandan dự kiến bán ra bên ngoài thỏi indi thô vào ngày 19 tháng này, với hàm lượng indi ≥99,00%, tổng khối lượng khoảng 1.000 kg, phù hợp với tiêu chuẩn thực hiện YS/T 1163-2016 "Indi thô". Địa điểm giao hàng tại kho của Công ty TNHH Công nghiệp Indi Jilang huyện Nandan (Khu công nghiệp, thị trấn Xa Hà, huyện Nandan, thành phố Hà Trì). Bên bán chịu trách nhiệm bốc xếp và cân hàng, bên mua chịu chi phí vận chuyển. Hạn chót chào giá là trước 16:30 ngày 19/3/2026, quá hạn chào giá sẽ không còn hiệu lực. Hiện thị trường chưa ghi nhận thông tin giao dịch cụ thể nào.

[SMM Magnesium Weekly Review: Weak Supply and Demand Dominated Magnesium Price Trends, with Structural Divergence Across Segments] This week, trends across various products in China’s magnesium industry chain diverged, while the overall market maintained a core tone of stability with rangebound fluctuations. The stalemate in market supply and demand became more pronounced, with insufficient momentum for a unilateral market move. The upstream dolomite market remained stable. Although a top-tier enterprise in the Wutai region suspended production, ample raw material inventory in place and timely capacity replenishment in major producing areas, coupled with the steady pace of just-in-time procurement by primary magnesium enterprises, kept prices stable without fluctuations. As the core product, magnesium ingot prices in China’s main producing areas consolidated at high levels, and mainstream transaction prices remained stable. Market transactions showed mediocre performance, producers had strong sentiment to hold back sales, and under the pattern of weak supply and demand, quotations fluctuated rangebound. On the foreign trade side, FOB quotations loosened slightly. As ocean freight rates pulled back, inquiries from outside China recovered somewhat, and there were expectations for more long-term orders. Supported by raw materials and boosted by incoming foreign trade orders, the magnesium powder market saw firm quotations and held up well. Industry operating rates gradually recovered in March, and support from the demand side became increasingly evident. Magnesium alloy market prices overall remained stable. On the supply side, with top-tier enterprises resuming operations and newly added capacity gradually coming online and releasing volume, downstream buyers mainly focused on just-in-time restocking, presenting a pattern of strong supply and weak demand. Prices are expected to remain in the doldrums going forward. Looking across the entire industry chain, there have been no major changes in current market fundamentals, and in the short term, the market will still likely be dominated by steady fluctuations and localized marginal adjustments.