After the shock of the Magnesium price started from this August, the price is going down.

The increase of the primary Mg price, which was caused by critical shortage in the supply of magnesium from China due to the countries policies for reducing power consumption, Europe–wide Al and Mg based companies suffered high problems. However it seems the prices is going down from Sep. 23rd by increasing the capacity of production in China’s Shaanxi province.

Author: A. Bahmani

  • Ref. https://tradingeconomics.com/