1. Trade name: magnesium ingot (9990)

2. Latest price (November 25, 2019): 14200 yuan / ton

The ex factory spot exchange including tax in fugu area is 14000-14100 yuan / ton; the spot exchange in Taiyuan area is 14100-14300 yuan / ton; the spot exchange in Wenxi area is 14200-14300 yuan / ton; the spot exchange in Ningxia area is 14000-14200 yuan / ton.

3. Key points of analysis: in the near future, the price of magnesium ingot is mainly weak and stable, and the quotation of magnesium enterprises in the main production areas has not changed much. It is reported that the actual volume of trade is not large at present. Some manufacturers wait for the market changes and do not offer to the outside temporarily. The low price supply of small factories happens from time to time. At present, the amount of inquiry is not large, and it is expected to maintain stable operation in the near future.

4. Future market forecast: the overall market is weak. It is expected that the price of magnesium ingot will be weak and stable in the near future, and the actual transaction situation in the market will be paid attention to in the later stage.