[SMM Magnesium Morning Meeting Summary: Manufacturers Show Strong Reluctance to Budge on Prices, Stalemate in Magnesium Market Continues to Spread] Supply side, some mines in Wutai, Shanxi, continue to suspend production, and the pattern of strong supply and weak demand for ferrosilicon persists. Demand side, domestic rigid demand provides limited support, with European summer break leading to weaker procurement and significant price-driving efforts in the Asian market. Overall, under the combined impact of expectations for production resumptions and the off-season during the summer break, the magnesium market is expected to maintain a weak pattern in the short term.

[SMM Analysis: European Magnesium Market Price Swings Outpace Demand Recovery] Chinese magnesium ingot prices show extreme volatility, rebounding from March lows to May highs. European demand remains sluggish despite price fluctuations, with buyers shifting to short-term contracts. This intensifies trader competition, driving FOB offers lower.

[SMM Spot Magnesium Ingot Bulletin: Manufacturers' Reluctance to Budge on Prices Returns, Magnesium Prices Firm Up Slightly Today] SMM June 18 News: Today, magnesium manufacturers' reluctance to budge on prices has returned. The mainstream transaction price for magnesium ingots in the Fugu region has been adjusted upwards to 16,000 yuan/mt, with fewer low-priced supplies compared to the previous day. Magnesium prices remain stable amidst a stalemate.

[SMM Magnesium Morning Meeting Summary: Divergence in Raw Material Prices, Magnesium Ingot and Downstream Products in the Doldrums] Supply side, some dolomite mines in Wutai, Shanxi, continue to suspend production, and the supply-strong, demand-weak pattern of ferrosilicon persists. Demand side, domestic rigid demand provides limited support, with European summer breaks leading to weaker procurement and significant price-driving-down in the Asian market. Overall, under the combined impact of production resumption expectations and the off-season during summer breaks, the magnesium market is expected to maintain a weak pattern in the short term.

[SMM Spot Magnesium Ingot Report: Magnesium Ingot Market Continues to Be in the Doldrums, Tug-of-War Between Sellers and Buyers Intensifies] SMM reported on June 17 that the domestic magnesium ingot market continued to be in the doldrums today, with mainstream transaction prices in the Fugu region ranging from 15,950 to 16,050 yuan/mt; China's FOB quotes ranged from $2,210 to $2,300/mt. Domestic ex-factory prices generally pulled back to the 16,000 yuan/mt mark. Although producers showed strong reluctance to budge on prices, there was insufficient support for transactions. Market trading sentiment was sluggish, with downstream purchases mainly driven by rigid demand, and traders cautiously waiting and watching.

[SMM Magnesium Ingot Spot Cargo Flash Report: Insufficient Follow-up on Transactions, Magnesium Prices Accelerate Decline Today] SMM June 16 News: Affected by insufficient follow-up on market transactions, magnesium plants in the Fugu region slightly lowered their quotes today. The mainstream transaction prices in the market ranged from 16,000 to 16,100 yuan/mt, with individual traders choosing to sell at lower prices, bringing the magnesium market atmosphere back to a wait-and-see stance.

[SMM Adds New 9990 Magnesium Ingot CIF (Netherlands) Price] To promote the international trade of magnesium ingots, help upstream and downstream enterprises worldwide better grasp market dynamics, obtain timely spot market information, reduce cross-border transaction risks and costs, and deepen research on the magnesium ingot industry chain, SMM will add and publish a new 9990 magnesium ingot CIF (Netherlands) price point starting from June 19, based on comprehensive market surveys, to provide references for the international market.

[SMM Spot Magnesium Ingot Flash Report: Bottom Out, Magnesium Prices Soar Today] SMM reported on June 11 that domestic magnesium prices bottomed out today. The mainstream quotations for spot 99.90% magnesium ingot in the Shaanxi market were in the range of 16,300-16,400 yuan/mt, up 300 yuan/mt from the morning quotations.

[SMM Magnesium Ingot Spot Cargo Flash Report: Supply and Demand at a Stalemate, Magnesium Prices Stop Falling and Stabilize Today] SMM reported on June 10 that domestic magnesium prices continued to decline today. The mainstream quotations for spot 99.90% magnesium ingot in the Shaanxi market stood at 16,000 yuan/mt, basically flat compared to the morning quotations.

[SMM Magnesium Ingot Spot Market Flash: Decline Continues, Magnesium Prices Remain Under Pressure Today] SMM reported on June 9 that domestic magnesium prices continued to decline today. The mainstream quotations for spot 99.90% magnesium ingot in the Shaanxi market were in the range of 15,900-16,000 yuan/mt, down 100 yuan/mt from the morning quotations.