Magnesium Market Report September 2011

The magnesium ingot price started to turn stable and bounced off the bottom in early September. Since the latter half of September, the price of magnesium ingot had showed declining trend.Asian Metal CopyrightThe magnesium ingot price started to turn stable and bounced off the bottom in early September.Asian Metal Copyright Most of buyers have purchased lots of magnesium ingot when the price touched the bottom line, which caused the weak demand, and buyers had no intention to purchase the material.Asian Metal Copyright Even though the price showed declining trend, the demand was still weak with few transactions in the magnesium ingot market.Asian Metal Copyright Some producers declined the price to attract orders; furthermore, many producers have stocked some material for bad marketing, so they moved down the magnesium ingot price to draw the attention from buyers.Asian Metal Copyright Since the latter half of September, the price of magnesium ingot had showed declining trend.Asian Metal Copyright Even though the price showed declining trend, the demand was still weak with few transactions in the magnesium ingot market.