Price list of magnesium ingots in Shaanxi on the 13th
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Market analysis
According to the data monitoring of business agency, on the 13th, 99.9% of the factory price including tax in mainstream areas was 41000 yuan / ton, up 2.50% from yesterday. The quotation of factories in main production areas of Shaanxi was increased by 1000 yuan / ton including tax.
From the perspective of supply and demand, the inventory of magnesium plant is still tight, the transaction scheduling has been postponed to next month, there are few high price orders in the domestic market, and the transactions are mainly just needed. Driven by the foreign trade orders at the weekend, the magnesium price is increased by 1000 yuan / ton today. From a policy perspective, traders are still waiting to see the impact of environmental protection inspectors on magnesium ingot production in December, providing some support for the rise of magnesium ingots.
Future forecast
At present, the follow-up of high prices in the market is insufficient, the rising power is not strong, the environmental protection factors are uncertain, and the possibility of decline is unlikely. In the short term, the magnesium market is mainly stable, focusing on demand follow-up and environmental protection policy news.
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