At present, the price of magnesium ingots is difficult to rise and fall. On the one hand, factories returning to the market after the festival have no shipment pressure, and the quotations are mainly supported by costs, and the willingness to make price concessions is not strong; on the other hand, the downstream market has not yet fully entered the state of resumption of work. , the overall willingness to replenish goods is not high, and most of them focus on inquiry and exploration of the market. In the past week, the follow-up of market transaction heat has been slightly slow, and the upward momentum of magnesium prices is insufficient.

Overall, the magnesium market may continue to maintain a stable momentum in the short term. Pay attention to the procurement follow-up situation of downstream end customers after the festival.