CHINA MAGNESIUM SNAPSHOT: Prices plunge as producers move to clear stocks

Key data from the Friday January 8 pricing session in Shanghai.

Key drivers China’s ex-works prices for magnesium declined sharply after the New Year holiday (January 1-3) because some producers wanted to clear stocks to generate cash before Chinese New Year (February 12). Market sources said that news of producers being...


Ruby Liu

January 11, 2021

05:35 GMT