Chinese magnesium prices fall to six-month low as economic slump hits demand

Chinese magnesium prices fell below the key Yuan 22,000/mt ($3,185/mt) mark in the week that started Dec. 12 to reach a six-month low, as the economic slump weighed on both local and global demand, leading to oversupply in the Chinese domestic market, industry sources said Dec. 13. On Dec. 12, mainstream smelters in the key magnesium hub Yulin quoted prices…