Magnesium Market Sees Increased Trading, Inventory Down 0.1% MoM Despite High Production Levels

Published: Apr 30, 2026 18:35

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[SMM Weekly Magnesium Inventory Flash Report] This week, manufacturers' inventory decreased by 0.1% month-on-month. The trading enthusiasm in the magnesium market has significantly increased this week, and the inventory of some primary magnesium smelting enterprises has been reduced. However, the current daily production level of magnesium ingots is relatively high, which has dragged down the overall market's inventory reduction pace, resulting in a limited decline in overall inventory.

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