Price list of magnesium ingots in Shaanxi on the 23rd
Market analysis
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According to the data monitoring of the business agency, on the 23rd, 99.9% of the factory price including tax in mainstream areas was about 45000-50000 yuan / ton, an increase of 10000 yuan / ton compared with yesterday.
Yesterday, the central ecological and environmental protection inspector’s meeting pointed out that the blue carbon industry in Yulin City eliminated backward and ineffective cases, frequent illegal construction and prominent environmental problems, conducted a profound and comprehensive analysis on the problems involved in Yulin City, and arranged the deployment of rectification work. In this supervision, 349 blue carbon units with a single furnace capacity of less than 75000 tons in 23 magnesium plants have illegal production, or the subsequent shutdown and elimination of backward equipment, which will directly affect the production and supply of magnesium ingots in the short term, and the merchants of magnesium plants have a strong willingness to support the price. Affected by this message, the demand side has a positive purchase inquiry and a significant increase in the actual transaction rate.
Future forecast
Business analysts believe that the current policy rectification is not clear, and there are no detailed rectification rules for the time being. In the follow-up, we still need to pay attention to the changes in the policy side, and the risk of wide shock trend in magnesium market will not be ruled out in the short term.
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