Monthly Magnesium Market Report Sep 2024

Contents
1. Market Highlights 2
2. Economy and Policy 2
2.1 Economy and Policy 2
2.1.1 China's mineral exploration investment rises for third year in a row 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright Economy and Policy 2 2.Asian Metal Copyright2 Magnesium Ingot 99.95%min 3
3.1.3 Magnesium Powder 3
3.1.4 Magnesium Alloy 3
3.2 Chinese Export Market 4
3.2.1 Chinese Magnesium Ingot Export Market 4
3.2.2 Magnesium Ingot in Warehouse Rotterdam 4
3.2.3 Magnesium Powder 4
3.2.4 Magnesium Alloy 4
3.3 International Market 5
3.3.1 Magnesium Ingot in Port India 5
3.3.2 Magnesium Ingot in Warehouse Russia 5
4. Company News 5
4.1 Fugu Huashun resumes magnesium ingot production 5
4.2 Shaanxi Sanxin Second Plant stops magnesium ingot production 5
4.3 Anhui Baomei's dolomite transport corridor project completes final tunneling breakthrough 5
4.4 Sinyuan ZM to supply Mg-alloy products for auto parts maker 5
5. Producers Statistics 5
5.1 Magnesium Ingot 5
5.1.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 34.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate up by 4.14% MoM in Sep 5
5.1.Asian Metal Copyright3.Asian Metal Copyright2 Chinese magnesium ingot producers' output up by 1.14% MoM in Sep 6
5.1.Asian Metal Copyright3 Anhui Baomei's dolomite transport corridor project completes final tunneling breakthrough 5 4.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks up by 5.86% MoM in Sep 6
5.2 Magnesium Alloy 6
5.2.Asian Metal Copyright3 China's magnesium scrap export volume rose 79.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate up by 3.09% MoM in Sep 6
5.2.Asian Metal Copyright2 China's magnesium powder and granule export volume fell 12.Asian Metal Copyright2 Chinese magnesium alloy producers' output up by 2.04% MoM in Sep 7
5.2.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate up by 4.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks up by 11.29% MoM in Sep 7
5.3 Magnesium Powder 7
5.3.Asian Metal Copyright14% MoM in Sep 5 5.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate down by 8.01% MoM in Sep 7
5.3.Asian Metal Copyright2 Magnesium Ingot 99.Asian Metal Copyright2 Chinese magnesium powder producers' output up by 34.49% MoM in Sep 8
5.3.3 Chinese magnesium powder producers' stocks up by 100% MoM in Sep 8
6. Export Statistics 8
6.1 China's unwrought magnesium export volume increased 32.50% YoY in Aug 2024 8
6.2 China's magnesium powder and granule export volume fell 12.01% YoY in Aug 2024 9
6.3 China's magnesium scrap export volume rose 79.59% YoY in Aug 2024 9








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