Monthly Magnesium Market Report Oct 2024

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Economy and Policy 3
2.1.1 China launches third batch of third round of central environmental inspections 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Magnesium Ingot 3
3.1.Asian Metal Copyright2.Asian Metal Copyright2 Magnesium Ingot 99.95%min 3
3.1.3 Magnesium Powder 3
3.1.4 Magnesium Alloy 4
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 5
3.2.4 Magnesium Alloy 5
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 Shaanxi Weitian Tengda decreases magnesium ingot output 5
4.2 Fugu Yihe increases magnesium ingot output 5
4.3 Yulin Tianlong Magnesium resumes magnesium ingot production 6
4.4 Shenmu Moyuan Dingtai Magnesium stops magnesium ingot production for equipment maintenance 6
4.5 Jixi Tiancheng Magnesium increases magnesium ingot output 6
4.6 Fugu Jujinbang plans to resume magnesium ingot production 6
4.7 Fugu Yihe increases magnesium ingot output 6
4.8 Xinjiang Meite to build magnesium alloy and ferroalloy project 6
5. Producers Statistics 6
5.1 Magnesium Ingot 6
5.1.Asian Metal Copyright2 Magnesium Ingot 99.Asian Metal Copyright1 Chinese magnesium ingot producers' operating rate up by 2.53% MoM in Oct 6
5.1.Asian Metal Copyright3.Asian Metal Copyright2 Chinese magnesium ingot producers' output up by 4.64% MoM in Oct 6
5.1.Asian Metal Copyright59% MoM in Oct 7 5.Asian Metal Copyright3 Chinese magnesium ingot producers' stocks down by 14.59% MoM in Oct 7
5.2 Magnesium Alloy 7
5.2.Asian Metal Copyright1 Chinese Magnesium Ingot Export Market 4 3.Asian Metal Copyright1 Chinese magnesium alloy producers' operating rate down by 5.55% MoM in Oct 7
5.2.Asian Metal Copyright2.Asian Metal Copyright2 Chinese magnesium alloy producers' output down by 3.16% MoM in Oct 7
5.2.Asian Metal Copyright44% MoM in Oct 8 5.Asian Metal Copyright3 Chinese magnesium alloy producers' stocks down by 1.44% MoM in Oct 8
5.3 Magnesium Powder 8
5.3.Asian Metal Copyright1 China's unwrought magnesium export volume increased 37.Asian Metal Copyright1 Chinese magnesium powder producers' operating rate up by 4.63% MoM in Oct 8
5.3.Asian Metal Copyright2 Fugu Yihe increases magnesium ingot output 5 4.Asian Metal Copyright2 Chinese magnesium powder producers' output down by 0.68% MoM in Oct 8
5.3.Asian Metal Copyright1 Economy and Policy 3 2.Asian Metal Copyright3 Chinese magnesium powder producers' stocks up by 57.89% MoM in Oct 9
6. Export Statistics 9
6.1 China's unwrought magnesium export volume increased 37.40% YoY in Sep 2024 9
6.2 China's magnesium powder and granule export volume decreased 20.45% MoM in Sep 2024 9
6.3 China's unwrought magnesium alloy export volume declined 11.47% MoM in Sep 2024 10











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