Due to the generally sluggish market transactions in the near future, the merchants' mentality has weakened, and the price of magnesium ingots has weakened rapidly in the past two days. Driven by the purchasing psychology of "buying up and not buying down", coupled with the mentality of not being optimistic about the market outlook, demand-side customers and middlemen mostly choose to wait and see the market, and they are more cautious in making inquiries and placing orders. Judging from the current market trend, the fundamentals of the magnesium ingot market are obviously weak, and the contradiction between supply and demand is prominent. Facing the sluggish market, factories are also more flexible in their operations. Some factories can actually negotiate prices for shipments, while others stay on the sidelines. To sum up, under the background of no favorable factors in the market in the short term, it is expected that the price of magnesium in the latter part of the week will still be dominated by weak consolidation. Wait and see how the market demand will follow up after the price is lowered.