Copying and distributing are prohibited without permission of the publisher

Chinese magnesium export offers rise on costs

August 26, 2010 - 03:58 GMT Location: Shanghai

KEYWORDS: China , magnesium , export

Chinese magnesium export offers have risen this week on climbing costs although weak demand narrowed prices.

Fresh bookings were at $2,715-2,750 per tonne fob on Thursday, narrowed from $2,715-2,780 fob on Wednesday but still better than 2,700-2,780 fob last week. Offers have increased to 2,715-2,790 per tonne fob. Ex-works prices have also edged up to 16,100-16,400 yuan ($2,364-2,408) per tonne, from 15,900-16,400 yuan last week. "The export market is not very good,...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.


subscribe to this feed Comment & analysis

  • COMMENT: Glenstrata still has to break the mould

    The news that Glencore and Xstrata are in merger talks would only come as a surprise to someone living under a rock, and only then if said rock did not contain any valuable minerals. But now that talks of a tie-up of the world’s largest metals trader and its fourth largest miner have finally moved into the boardroom, hypothetical questions have become real, and the answers are far from certain.

  • APEX FULL YEAR 2011: Base metal forecasts: astounding accuracy

    Astounding upon astounding: that is how the 2011 leaderboard for Apex, the Metal Bulletin service that tracks the performance of over twenty top base metal price forecasters, appears when you consider it coldly.

  • Raising fees could imperil LME date structure: a broker writes

    The London Metal Exchange plans to introduce a fee for client trades from March. The proposal has aroused some opposition, and prompted one broker to write to Metal Bulletin, requesting anonymity. Here he outlines his concerns. How justified are they? Email aharrison@metalbulletin.com, or tweet @aharrison_mb

Upcoming Events

Most readMost emailed

Popular Searches on MB

MB Glossary


From Aluminium to Zinc...
Search this free glossary on metals