Magnesium Market Report October 2011

The price of magnesium ingot in October declined dramatically.Asian Metal Copyright The market mainly supported by small volume from some traders and some downstream buyers.Asian Metal Copyright Because the demand from downstream buyer continually weak, and thin activities occurred in the magnesium ingot market.Asian Metal Copyright The watching attitude is very popular among buyers, and buyers expect a lower price occurred in the market.Asian Metal Copyright The market mainly supported by small volume from some traders and some downstream buyers.Asian Metal Copyright The watching attitude is very popular among buyers, and buyers expect a lower price occurred in the market.Asian Metal Copyright Considering this situation, magnesium ingot producers undersell the material to relieve the financial pressures caused by poor sale in the previous time, which caused the magnesium ingot price moving down continually.Asian Metal Copyright However, the declining magnesium ingot price really makes them in a panic mood, and they are cautious to enter the market with big fluctuations of magnesium ingot price.Asian Metal Copyright In fact, this strategy really draw more attentions from traders, and they purchased some magnesium ingot in a proper time.Asian Metal Copyright Almost all of the buyers hope that they could purchase the material when the price touched the bottom line.Asian Metal Copyright However, the declining magnesium ingot price really makes them in a panic mood, and they are cautious to enter the market with big fluctuations of magnesium ingot price.Asian Metal Copyright However, the declining magnesium ingot price really makes them in a panic mood, and they are cautious to enter the market with big fluctuations of magnesium ingot price.Asian Metal Copyright The watching attitude is very popular among buyers, and buyers expect a lower price occurred in the market.Asian Metal Copyright The market mainly supported by small volume from some traders and some downstream buyers.Asian Metal Copyright Almost all of the buyers hope that they could purchase the material when the price touched the bottom line.Asian Metal Copyright The market mainly supported by small volume from some traders and some downstream buyers.Asian Metal Copyright As for magnesium ingot producers, the only thing they could do is to low the magnesium ingot price to draw attentions from buyers to relieve the stock pressure and financial pressures.Asian Metal Copyright As for magnesium ingot producers, the only thing they could do is to low the magnesium ingot price to draw attentions from buyers to relieve the stock pressure and financial pressures.Asian Metal Copyright In this period, producers move down the magnesium ingot price, while buyers expect the price goes down further.Asian Metal Copyright In fact, this strategy really draw more attentions from traders, and they purchased some magnesium ingot in a proper time.Asian Metal Copyright Some magnesium ingot producers claim that the current price is almost arrived at their cost, and they plan to reduce the output to promise the magnesium ingot price.Asian Metal Copyright The watching attitude is very popular among buyers, and buyers expect a lower price occurred in the market.Asian Metal Copyright