Shanghai Nonferrous Metals News

Propped by strong raw material prices, mainstream domestic magnesium prices rebounded rapidly to RMB 26,500/t on Monday. However, downstream buyers remained watchful with sparse transactions this week.

With the supply/demand scenario remaining unchanged at present, industry commentators project domestic magnesium prices to be stable at the current level over the short term.

CM Group Newsletter

Sign up to the CM Group newsletter to receive regular publications.