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.