On August 19th, the average market price of 99.90% magnesium ingots was 17,300 yuan per ton, remaining unchanged from the previous trading day. The market quotation for 99.95% magnesium ingots was 17,500 yuan per ton. Today, the magnesium ingot market continued to operate stably, and the actual transaction prices of magnesium ingots were concentrated around 17,300 yuan per ton. Currently, the sentiment in the magnesium ingot market remains sluggish.( Export price ofered usd2450-2500)FOB basis.  Most downstream users are in a strong wait - and - see mood. Although the cost support from manufacturers still exists and the price reduction space is limited, the actual market trading volume is still low. In the Fugu area, the mainstream ex - factory tax - included price of 99.90% magnesium ingots is reported to be between 17,200 and 17,400 yuan per ton. The actual spot transaction prices are mostly around 17,300 yuan per ton, and the overall transaction volume is limited. 

The main benchmark price of export offered at usd2450-2500/

mtt fob China. some traders reported they concluded at this level for hundreds tons today.