Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / China March magnesium powder output and April forecast

China March magnesium powder output and April forecast

Apr 10, 2024 14:02

Source:SMM

China's magnesium powder output was 6,212 mt in March, up 22% MoM and 8.7% YoY.

China's magnesium powder output was 6,212 mt in March, up 22% MoM and 8.7% YoY.

There were few orders during the CNY holidays and a strong wait-and-see mood among downstream buyers amid falling magnesium ingot prices. In addition, rising shipping costs caused by Houthi’s attack on merchant ships in Red Sea undermined overseas orders, lowering production of some domestic magnesium powder makers. The person in charge of a large magnesium powder company said that poor profits amid domestic economic downturn made magnesium ingot prices more volatile, leading to prudent buying for magnesium powder. Low-priced magnesium ingots may add orders for magnesium powder. SMM predicts that domestic magnesium powder output will remain at 6,000 mt in April.

Output

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

China's EMM Output Increased Only Slightly in May to 110,000 mt

China produced 110,000 mt of EMM in May, up 4% MoM and down 13.2% YoY, according to SMM statistics. The combined output in January-May totalled 261,000 mt, down 54% YoY. According to SMM research, the production of EMM increased slightly in May because there were one more natural day in May compared with April.

time

Jun 10, 2022 15:28

China's EMM Output Increased Only Slightly in May to 110,000 mt

Exclusive: China's Metals Output in May

The overall domestic copper cathode output in May was at a low level due to the intensive maintenance. Although two smelters in Shandong resumed production in May, the production of copper did not resume.

time

Jun 10, 2022 19:30

Exclusive: China's Metals Output in May

China's High-carbon Ferrochrome Output Rebounded in May and is Expected to Decline in June

SMM data showed that China's high-carbon ferrochrome output rebounded in May, with a MoM increase of 6.48% to 591,500 mt, a YoY increase of 113,000 mt or 23.62%. The output in Inner Mongolia was 290,100 mt, a MoM increase of 27,900 mt or 10.64%.

time

Jun 10, 2022 14:51

China's High-carbon Ferrochrome Output Rebounded in May and is Expected to Decline in June

China Produced 54,750 mt of Ternary Cathode Precursor in May

China produced 54,750 mt of ternary cathode precursor in May, an increase of 4% month on month and 19% year on year.

time

Jun 9, 2022 16:51

China Produced 54,750 mt of Ternary Cathode Precursor in May

China’s New Energy Vehicle Sales Look Set to Exceed 6 Million Units in 2022 under Policy Incentives

SHANGHAI, Jun 6 (SMM) - China has rolled out a series of favourable policies aimed at promoting the development of the new energy vehicle industry.

time

Jun 6, 2022 11:05

China’s New Energy Vehicle Sales Look Set to Exceed 6 Million Units in 2022 under Policy Incentives

The Average Aluminium Cost Remained around 18,000 yuan/mt

SHANGHAI, May 30 (SMM) - The average cost of aluminium smelters slid 34 yuan/mt from a week ago to 18,205 yuan/mt as of last Friday due to a slight drop in alumina prices.

time

May 30, 2022 09:32

The Average Aluminium Cost Remained around 18,000 yuan/mt

China’s Sales of New Energy Passenger Vehicles Plummeted 40% MoM in April, with Tesla Descending from the List of Top 15 Companies

SHANGHAI, May 23 (SMM) - China’s sales of new energy passenger vehicles were 254,000 units in April based on the compulsory traffic insurance, up 53% YoY, but down 40.6% MoM.

time

May 23, 2022 14:22

Industry SMM Insight

China’s Sales of New Energy Passenger Vehicles Plummeted 40% MoM in April, with Tesla Descending from the List of Top 15 Companies

Lead and Zinc Mines Experienced Production Disruptions and Losses in Q1, There Was a Wave of Intensive Maintenance among Primary Lead Smelters in May

SHANGHAI, May 18 (SMM) - Operating rates of mining companies have a certain seasonal pattern. Usually, production in the first quarter is limited by factors such as the Spring Festival holiday, cold weather, and environmental protection inspections.

time

May 18, 2022 17:01

Lead and Zinc Mines Experienced Production Disruptions and Losses in Q1, There Was a Wave of Intensive Maintenance among Primary Lead Smelters in May

Galaxy Securities Expects Retail Sales of New Energy Vehicles to Show Rapid Growth in May

SHANGHAI, May 18 (SMM) - Galaxy Securities said that with the easing of the pandemic and the resumption of normal operations in some areas, the retail sales of the passenger car market has improved to some extent.

time

May 18, 2022 10:26

Galaxy Securities Expects Retail Sales of New Energy Vehicles to Show Rapid Growth in May

The Demand for Aluminium Foil Varied by Product, Orders in May Are Relatively Optimistic

SHANGHAI, May 13 (SMM) - The average operating rate of Chinese aluminium foil producers stood at 76.64% in April, down 2.17 percentage points month on month and 11.65 percentage points year on year.

time

May 13, 2022 14:28

The Demand for Aluminium Foil Varied by Product, Orders in May Are Relatively Optimistic

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.