The Spring Festival holiday of the Year of the Rabbit ended in a joyful and peaceful atmosphere. Today is the first day of work after the holiday. Some colleagues in the magnesium industry have returned to normal work, and some are still reuniting with their relatives at home. The magnesium market is strong in the beautiful vision of the new year open.

Since today is the first day of returning to work after the new year, many trading companies and downstream processing factories mainly wait and see the market

According to the analysis, from the perspective of supply and demand, there will be little pressure on factory capital and inventory after the year, and it is expected that the quotation will be more firm and upward. Considering that some trading companies and downstream users stocked up in advance a few years ago, and there is still stocking up to digest, it is expected that the increase in magnesium prices will also be limited. The short-term magnesium market may be firm and positive, and we will wait and see how the demand will follow up.

I wish the magnesium industry a prosperous opening, all things prosper, and a bright future for magnesium!