Magnesium ingot price list

Market analysis

According to the data monitoring of business agency, 99.9% of the factory price including tax in mainstream areas was 40666.67 yuan / ton on the 14th, which was stable compared with that before the festival.

In terms of raw materials, the bidding price of ferrosilicon of Hegang group in April was 10050 yuan / ton, an increase of 850 yuan / ton compared with the previous month. After the festival, the ferrosilicon market continued to rise strongly, and the quotation of 75 ferrosilicon natural blocks in the main production area was 10300-10500 yuan / ton; The high price of coke remained stable, but market news said that the ex factory price of coke increased by 200 yuan / ton in some areas from 0:00 on April 7, and the first round of increase was started. The procurement cost of raw materials in magnesium plants is high, coupled with the impact of recent outbreaks in many places, poor shipping and rising transportation costs.

Although the cost of raw materials has increased recently, the demand performance continues to be light. The demand for magnesium in Europe has decreased due to the situation in Russia and Ukraine. The domestic market is mainly affected by the epidemic, and the downstream procurement is cautious.

Generally speaking, the market supply-demand relationship is in a tentative wait-and-see stage, and the demand side is still weak. However, under the condition of high cost and little capital pressure, the magnesium plant has a strong willingness to stabilize the price.