Shanghai Nonferrous Metals News

This week (23~29, November), total transaction volume and domestic magnesium prices drifted down during the week. As of last Friday, domestic primary magnesium (99.9% Mg) prices were being quoted at RMB13,300~13,400/t, with mainstream transactions settling at RMB13,350/t in Fugu Shaanxi. However, mainstream transaction prices were RMB13,600~13,800/t in Wenxi Shanxi, up by RMB50/t w-o-w.


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