Brief Adjustment: Magnesium Prices Begin "Three Consecutive Jumps" [SMM Spot Magnesium Ingot Bulletin]
Mar 18, 2025 17:58Source:SMM
[SMM Magnesium Ingot Spot Bulletin: Brief Adjustment, Magnesium Prices Begin "Three Consecutive Jumps"] SMM reported on March 18 that, as of the time of publication, the mainstream quotations from magnesium ingot smelters in the Fugu and Shenmu regions of Shaanxi ranged between 15,900 yuan/mt, while the mainstream transaction prices were between 15,700-15,800 yuan/mt. The mainstream transaction prices increased from 15,500 yuan/mt to 15,800 yuan/mt, with the actual transaction prices rising by 300 yuan/mt today.
[SMM Magnesium Ingot Spot Bulletin: Brief Adjustment, Magnesium Prices Begin "Three Consecutive Jumps"] SMM reported on March 18 that, as of the time of publication, the mainstream quotations from magnesium ingot smelters in the Fugu and Shenmu regions of Shaanxi ranged between 15,900 yuan/mt, while the mainstream transaction prices were between 15,700-15,800 yuan/mt. The mainstream transaction prices increased from 15,500 yuan/mt to 15,800 yuan/mt, with the actual transaction prices rising by 300 yuan/mt today.