Magnesium fell to 17,450 CNY/T on February 4, 2026, down 0.85% from the previous day. Over the past month, Magnesium's price has risen 4.18%, and is up 2.65% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Magnesium reached an all time high of 71500 in September of 2021. This page includes a chart with historical data for Magnesium. Magnesium - data, forecasts, historical chart - was last updated on February 4 of 2026.

Magnesium is expected to trade at 17755.29 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 18301.29 in 12 months time.



Price Day Month Year Date
Coal 116.00 -1.50 -1.28% 9.23% 0.30% Feb/02
Bitumen 3,363.00 13.00 0.39% 5.99% -11.43% Feb/04
Cobalt 56,290.00 0 0% 5.50% 161.21% Feb/03
Lead 1,968.60 4.15 0.21% -2.75% -1.72% Feb/04
Aluminum 3,052.20 -52.95 -1.71% -1.14% 16.25% Feb/04
Tin 50,122.00 3531 7.58% 18.03% 65.60% Feb/03
Zinc 3,314.88 -13.62 -0.41% 3.37% 18.75% Feb/04
Nickel 17,304.00 -91 -0.52% 0.08% 11.24% Feb/04
Molybdenum 510.00 0.10 0.02% 10.27% 8.74% Feb/04
Palladium 1,759.50 1.00 0.06% -0.34% 74.12% Feb/04
Gallium 1,805.00 0 0% 9.39% 0% Feb/04
Germanium 14,250.00 3 0.02% 5.56% -14.93% Feb/04
Manganese 31.55 0 0% 4.30% 7.86% Feb/04
Indium 4,750.00 0 0% 68.14% 82.34% Feb/04
Soda Ash 1,198.00 0 0% -2.60% -18.72% Feb/04
Neodymium 965,000.00 193 0.02% 27.39% 88.29% Feb/04
Tellurium 760.00 0.08 0.01% 4.11% 12.59% Feb/04
Rhodium 10,575.00 25 0.24% 8.74% 128.65% Feb/04


Magnesium
Trading Economics provides Magnesium pricing based on spot prices for magnesium ingot 99.9% min, traded in China. The biggest Magnesium producer is China, accounting for about 87% of the total production. Magnesium is a critical material for hardening aluminum alloys and is used in everything from power tools to laptops. Major consumers are China (39%), followed by Europe and North America (each around 19%) and Japan (4%).
Actual Previous Highest Lowest Dates Unit Frequency
17450.00 17600.00 71500.00 12550.00 2012 - 2026 CNY/T Daily