Chinese Magnesium Ingot Holds Steady This Week

Platts reported that prices for Chinese magnesium ingot held steady this week, due to weak demand.

As quoted in the market report:

Platts kept weekly magnesium ingot (minimum 99.8%) assessment unchanged week on week at $3,230-3,280/mt FOB China Thursday, while magnesium diecast alloy assessment was also flat at $3,510-3,570/mt FOB China.

To view the whole Platts report, click here.

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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.

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