Shanxi magnesium ingot prices continue to rise, Shanxi magnesium prices relatively stable, the domestic mainstream market prices are mostly strong, little turnover, manufacturers reluctant to sell the phenomenon of obvious.
According to the site, Shaanxi 9990 magnesium ingot is not picking a simple cash package factory price in the 15000-15200 yuan / ton, most manufacturers have said that the factory stock, suspended offer does not ship. However, it is understood that these manufacturers is not no inventory, domestic production in June than in May is still growing, especially in Shaanxi is still more than 2000 tons of incremental. And the consumption of 6-7 months is clearly not the case, it seems that the price rise is mostly active market inquiry, business confidence support, coupled with the lack of summer maintenance business Hankou stock, so choose to wait-and-see situation.
As the price of magnesium ingot continued to rise, the market spot slightly tight, and most manufacturers do not intend to ship, coupled with active market inquiry, firm its optimistic about the psychological outlook. However, the downstream market situation is not turned to the ideal, and prices continued to fall, the demand is not really good, so the final consumption of confidence in the market, the price needs to wait for market demand test.