【SMM Analysis: Monthly Review: The magnesium market is not optimistic in the first month of the year. How will magnesium prices run after the Spring Festival?】In January, the average monthly price of 90% magnesium ingots in the main production area was 20,190 yuan/ton, a decrease of 1.2% from the previous month. Looking back at January: at the beginning of the month, the market sentiment for magnesium was still bearish, and the price of magnesium ingots continued to decline from the previous year, with market transaction prices falling to 20,100 yuan/ton, bringing magnesium prices close to the cost line, leading to an increase in the willingness of magnesium factories to hold prices; in mid-January, downstream of the industry chain continued to enter the market for purchases, and the market regained confidence, with factory prices rising accordingly...