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China Magnesium Sees Thin Physical Trade Because of Lunar New Year
Feb. 08, 2013 10:51AM PST
Critical Minerals InvestingPlatts 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
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.
