It is reported (Wednesday) that, domestic magnesium ingot price drops by CNY 500 per tonnes as a whole. 99.9# ex factory price in Shanxi's Wenxi stays at CBY 21,000 per tonnes to CNY 21,800 per tonnes.
As per report, in Yulin area in Shaanxi, it is offered at the same price, while in Ningxia, the price in mainstream enterprises lingers at CNY 21,200 per tonnes to CNY 22,000 per tonnes. In Henan's Hebi, 99.95% high purity magnesium ingot price stands at CNY 31,000 per tonnes.
The FOB price of 99% magnesium ingot at China's ports remains at USD 3,700 per tonnes to 3,800 per tonnes. – MySteel.Net
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