Price trend of magnesium metal
| povidone Iodine |
Market analysis this week
According to the data monitoring of business agency, as of the 19th, the average price in the domestic market was 24333.33 yuan / ton, and the mainstream price was about 24000-25000 yuan / ton. The overall price of magnesium ingots rose this week. In the first half of the week, under the condition of continuous follow-up of demand, the price of magnesium plants was significantly increased; At the end of the week, the rising trend slowed down and there was a slight sign of correction. The downstream users did not accept the fast rising price.
Supply and demand
At the end of last week, overseas export orders were purchased in a centralized manner, and the domestic replenishment demand was followed up. The factory inventory was effectively relieved. The overall inventory pressure of the magnesium plant was not large, and the quotation was mostly firm.
Upstream and downstream
| Azodicarbonamide (AC foaming Agent) |
As for the coke market, the second round of price increase this week landed. The current round of price increase was 200-240 yuan / ton, and the cumulative increase was 400-480 yuan / ton. The price of coal increased, and the price of magnesium ingot was pulled up.
The downstream magnesium powder and magnesium alloy follow the rise of magnesium ingot. Under the guidance of buying up rather than buying down, the demand for replenishment of magnesium powder and magnesium alloy enterprises has increased. However, due to the rapid price rise, the downstream procurement began to operate cautiously and began to maintain a wait-and-see attitude.
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