Thin Trading for China Magnesium Exports

Critical Metals

Platts reported that spot trading for Chinese magnesium ingot has been a bit thin as of late.

Platts reported that spot trading for Chinese magnesium ingot has been a bit thin as of late.
As quoted in the publication:

Platts kept its weekly acid washed magnesium ingot (minimum 99.8%) export price assessment at $1,980-2,020/mt FOB China Friday, unchanged from the previous week as indications heard were generally within the range.
The assessment included the compulsory Chinese 17% value-added tax.

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