China Magnesium Sees Thin Physical Trade Because of Lunar New Year

Platts reported that spot export offers for Chinese magnesium ingot on a FOB basis remained held steady with the Lunar New Year holiday making for thin physical trades.

As quoted in the market report:

Generally, indicative export offers for Chinese magnesium ingot were holding steady around $2,850/mt FOB China Thursday, unchanged from the previous week.

To view the whole Platts report, click here.

Get the Latest Magnesium Investing Stock Information

Get the latest information about companies associated with Magnesium Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

MGX_Minerals-logoMGX Minerals Inc. (CSE:XMG) is targeting development of its magnesite prospects with their flagship project being Driftwood Creek magnesite property in British Columbia. Connect with XMG to learn more.

Leave a Reply