Magnesium prices benefit from the uplift of complementary aluminum prices
Aluminum prices pulled up driven by the increase in magnesium market, the original magnesium prices steadily high. Magnesium powder prices rose 500 yuan / ton, or up to 3.23%; magnesium prices rose 300 yuan / ton, or up to 1.97%.
The original magnesium prices steadily high, magnesium ingot market transactions more cautious. By the supply side to the production of energy to stimulate the spot aluminum prices soared, magnesium aluminum market prices to provide support, magnesium alloy market prices have improved. In addition, the aluminum prices rose sharply, leading to the city's attention continues to rise, and the use of metal magnesium or will rise.
Related Industry Knowledge