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...

Published

Ruby Liu

January 11, 2021

05:35 GMT

Shanghai