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China's magnesium ingot prices stabilize at 16,300-16,350 yuan/mt amid slight transaction recovery

Today, 99.90% magnesium ingot in China is priced at 16,300-16,350 yuan per metric ton, down 50 yuan from yesterday. Ongoing challenges in the market include high inventory levels and weak demand, creating expectations for continued price pressure.

BRIC Team
BRIC Team
Jun 15, 2026 · 1 min read · 3 views
China's magnesium ingot prices stabilize at 16,300-16,350 yuan/mt amid slight transaction recovery

Key Takeaways

  • •As of today, magnesium ingot prices in China are quoted at 16,300-16,350 yuan per metric ton, down 50 yuan from yesterday.
  • •FOB prices at Tianjin port are stable, ranging from $2,330 to $2,400 per metric ton.
  • •Major producers have maintained steady quotations, while smaller manufacturers are planning maintenance that could affect future output.
  • •High oil prices and limited shipping capacity have caused significant fluctuations in ocean freight rates, complicating export efforts.
  • •The magnesium ingot market is expected to face a stagnant trend, with both domestic and export prices under pressure in the short term.

Price of magnesium ingot in China slipped a bit,reflecting market's ongoing troubles . Today,99.90% magnesium ingot quoted at 16,300-16,350 yuan per metric ton,down 50 yuan from yesterday. FOB prices at Tianjin port held steady, ranging $2,330 to $2,400 per metric ton.

Despite price dip,transaction activity shows some recovery signs. But market still sees strong supply,weak demand. Major producers holding quotes steady,though some smaller manufacturers plan maintenance,possibly affecting future output . Inventory levels high,supply ample.

Demand side looks sluggish,both domestically and internationally . Few new export orders. Transactions driven by essentials and long-term contracts . High oil prices,limited shipping capacity causing big swings in freight rates,complicating exports.

Short term,magnesium ingot market likely to stay stagnant,fluctuating. Domestic,export prices under pressure…

#business#breaking

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