China's Magnesium Exports Decline in August 2026, Down 3.5% MoM and 13.7% YoY

Published: Sep 20, 2026 09:21
【SMM Magnesium Flash】According to statistics from the General Administration of Customs, China exported approximately 33,400 tons of various magnesium products in August 2026, marking a month-on-month decrease of 3.5% and a year-on-year decrease of 13.7%. From January to August 2026, China exported a total of approximately 307,000 tons of various magnesium products. Specifically, in August 2026, China exported 18,753 tons of magnesium ingots, marking a month-on-month decrease of 0.5% and a year-on-year decrease of 16.2%; 4,587 tons of magnesium powder, experiencing a significant month-on-month decrease of 24.6% and a year-on-year decrease of 23.0%; and 7,950 tons of magnesium alloys, showing a month-on-month decrease of 1.2% and a year-on-year decrease of 7.2%. The export volume of magnesium products in China continued to decline in August.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Tug-of-war Between Supply and Demand Continues, Magnesium Ingot Market Under Pressure as Peak Season Falls Through [SMM Magnesium Ingot Spot Express]
Sep 18, 2026 17:52
Tug-of-war Between Supply and Demand Continues, Magnesium Ingot Market Under Pressure as Peak Season Falls Through [SMM Magnesium Ingot Spot Express]
Read More
Tug-of-war Between Supply and Demand Continues, Magnesium Ingot Market Under Pressure as Peak Season Falls Through [SMM Magnesium Ingot Spot Express]
Tug-of-war Between Supply and Demand Continues, Magnesium Ingot Market Under Pressure as Peak Season Falls Through [SMM Magnesium Ingot Spot Express]
[Supply-Demand Tug-of-War Persists, Magnesium Ingot Market Under Pressure as Peak Season Falls Short] High magnesium ingot inventory combined with increased supply, while domestic and overseas demand remains weak. The September-October peak season failed to materialize. Despite cost support, price hike transmission is sluggish, and the overall market remains under pressure.
Sep 18, 2026 17:52
Latrobe Magnesium Suspends Trading for Major Financing, Aiming to Boost Magnesium Production
Sep 18, 2026 13:43
Latrobe Magnesium Suspends Trading for Major Financing, Aiming to Boost Magnesium Production
Read More
Latrobe Magnesium Suspends Trading for Major Financing, Aiming to Boost Magnesium Production
Latrobe Magnesium Suspends Trading for Major Financing, Aiming to Boost Magnesium Production
【SMM Magnesium Flash】On September 18th, Latrobe Magnesium applied to the Australian Securities Exchange and received approval to suspend trading, pending a major financing announcement. The suspension will continue until the financing details are announced or trading resumes on September 22nd. This move indicates that the company is advancing substantial capital raising to provide financial support for its magnesium project construction. If the financing is successfully implemented, it is expected to accelerate the production process of its 50,000-ton annual magnesium plant in South Carolina, USA, and its demonstration plant in Australia, providing a new supply source for the western magnesium supply chain.
Sep 18, 2026 13:43
Cost-Inventory Game, Market Consolidates to Find Bottom [SMM Magnesium Weekly Data]
Sep 18, 2026 11:30
Cost-Inventory Game, Market Consolidates to Find Bottom [SMM Magnesium Weekly Data]
Read More
Cost-Inventory Game, Market Consolidates to Find Bottom [SMM Magnesium Weekly Data]
Cost-Inventory Game, Market Consolidates to Find Bottom [SMM Magnesium Weekly Data]
[Cost-Inventory Game, Market Consolidating to Find Bottom] This week, dolomite prices remained stable. Magnesium ingot prices, affected by coal and ferrosilicon, fell first and then rebounded slightly, but high social inventory kept supply pressure in place. Foreign trade FOB prices followed the domestic decline, overseas demand fell short of expectations, the September-October peak season failed to materialize, traders stayed on the sidelines, and downside was limited. Magnesium powder fluctuated with magnesium ingot, with only rigid-demand small orders. Although magnesium alloy smelting saw production cuts, inventory piled up, die-casting operations were weak, orders were insufficient, and processing fees were under pressure. End-use demand showed no improvement, and the magnesium market is expected to maintain a fluctuating trend in search of a bottom in the short term.
Sep 18, 2026 11:30