Actual
16250
Daily Change
200.00 1.25%
Monthly
-3.27%
Yearly
-6.34%
Q4 Forecast
16171
Magnesium - Summary

Magnesium rose to 16,250 CNY/T on October 23, 2026, up 1.25% from the previous day. Over the past month, Magnesium's price has fallen 3.27%, and is down 6.34% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Magnesium - Stats

Historically, Magnesium reached an all time high of 71500.00 in September of 2021. This page includes a chart with historical data for Magnesium. Magnesium - data, forecasts, historical chart - was last updated on October 25 of 2026.

Magnesium - Forecast

Magnesium is expected to trade at 16171.42 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 15837.25 in 12 months time.



Price Day Month Year Date
Coal 150.70 -0.45 -0.30% 5.02% 44.76% Oct/23
Bitumen 4,868.00 220.00 4.73% -7.38% 46.10% Oct/23
Cobalt 34,620.00 0 0% -12.66% -28.72% Oct/22
Lead 1,914.58 10.15 0.53% -1.33% -5.24% Oct/23
Aluminum 3,047.30 37.85 1.26% -6.41% 6.55% Oct/23
Tin 50,182.00 93 0.19% -6.89% 40.28% Oct/22
Zinc 3,748.20 71.75 1.95% -5.75% 23.96% Oct/23
Nickel 15,865.00 -130 -0.81% -4.02% 3.52% Oct/23
Molybdenum 603.50 -2.00 -0.33% -2.74% 18.92% Oct/23
Palladium 1,051.50 -5.00 -0.47% -17.98% -28.15% Oct/23
Gallium 1,740.00 0 0% -0.57% 2.65% Oct/23
Germanium 28,500.00 0 0% 4.59% 100.00% Oct/23
Manganese 28.75 -0.10 -0.35% -0.35% -3.04% Oct/23
Indium 4,700.00 -50 -1.05% -10.48% 86.14% Oct/23
Soda Ash 1,025.00 0 0% -2.38% -13.58% Oct/23
Neodymium 942,500.00 0 0% -0.53% 39.63% Oct/23
Tellurium 798.50 0 0% 0% 23.80% Oct/23
Rhodium 9,150.00 50 0.55% -3.17% 13.66% Oct/23


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
16250.00 16050.00 71500.00 12550.00 2012 - 2026 CNY/T Daily