In the first half of this week, as the price of magnesium fell and downstream users stocked up before the "May 1st" holiday, the increase in purchases led to a moderate recovery in the magnesium market. It is understood that downstream users and traders made more bargain-hunting purchases on Monday and the second week of this week, and high-price transactions slowed down on Wednesday, making it difficult for the magnesium market to continue to recover. According to the analysis, from the perspective of supply and demand, in view of the current slowdown in downstream purchases, it is difficult for downstream users to accept high prices, and it is difficult for magnesium prices to continue to rise. Considering that the factory inventory has been released in recent days and the willingness to make price concessions is not strong, the short-term magnesium market may stabilize.