Production and Operating Rates Both Increased, Divergence in Trends Between Producer's Warehouse and Social Inventory [SMM Magnesium Weekly Data]

Published: Sep 11, 2025 15:58

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Weekly Production

From September 5 to September 11, the weekly production of sampled magnesium plants nationwide reached 19,057 mt, with an operating rate of 62.5%, up 1.0% WoW.

Weekly Inventory

1. In-factory inventory fell 9.6% WoW this week. Market transactions performed well, and supported by demand for magnesium powder and foreign trade, in-factory inventory showed a downward trend.

2. Social inventory decreased 4.31% WoW. Orders on hand for traders have accumulated, but as prices remain in a downward trend, most enterprises are cautious in procurement and have not yet restocked on a large scale, mainly focusing on delivering existing orders and consuming original inventory. Meanwhile, the recent concentration of shipping schedules for the export rush has also accelerated inventory digestion.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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