NEWS
Magnesium market stabilized
Time:2023-02-22 15:48:09| Views:
Recently, the demand has not improved significantly, rigid demand is purchased on demand, and users who are not in a hurry to replenish goods are still more cautious in placing orders. The overall turnover in the magnesium market is average, and factories mainly sell goods actively. The magnesium market has not changed much today, the current demand is still weak, the transaction situation is average, the downstream continues to mainly purchase on demand, and the market outlook is not optimistic. According to the analysis, from the perspective of supply and demand, in view of the overall weak current demand, the short-term pressure on the magnesium market is still difficult to eliminate. Considering that coal prices have stopped falling and rebounded recently, and the cost side is supported, it is expected that the decline in magnesium prices will slow down, and we will wait and see how the demand will follow up.
 
 
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