Actual
16750
Daily Change
0 0%
Monthly
-0.30%
Yearly
-4.56%
Q4 Forecast
16644
Magnesium - Summary

Magnesium traded flat at 16,750 CNY/T on September 30, 2026. Over the past month, Magnesium's price has fallen 0.30%, and is down 4.56% 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 5 of 2026.

Magnesium - Forecast

Magnesium is expected to trade at 16643.99 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 16324.55 in 12 months time.



Price Day Month Year Date
Coal 148.95 -0.35 -0.23% 1.33% 41.86% Oct/02
Bitumen 4,568.00 -574.00 -11.16% -2.04% 35.43% Sep/30
Cobalt 39,140.00 0 0% -22.75% 11.83% Oct/02
Lead 1,882.93 32.50 1.76% -0.92% -6.16% Oct/05
Aluminum 3,124.00 26.50 0.86% -5.66% 14.84% Oct/05
Tin 54,013.00 -319 -0.59% -1.71% 44.21% Oct/02
Zinc 3,731.02 32.67 0.88% -6.09% 24.08% Oct/05
Nickel 15,675.25 145 0.94% -6.08% 1.36% Oct/05
Molybdenum 620.50 0 0% 0.49% 22.27% Sep/30
Palladium 1,184.50 12.00 1.02% -16.11% -10.74% Oct/05
Gallium 1,740.00 0 0% -2.52% 4.50% Sep/30
Germanium 27,250.00 0 0% 6.86% 91.23% Sep/30
Manganese 28.85 0 0% 0.35% -3.35% Sep/30
Indium 5,250.00 0 0% -1.87% 107.92% Sep/30
Soda Ash 1,050.00 0 0% 0% -11.17% Oct/05
Neodymium 947,500.00 0 0% -0.79% 20.70% Sep/30
Tellurium 798.50 0 0% 0.13% 34.20% Sep/30
Rhodium 9,000.00 0 0% -5.01% 27.21% Oct/05


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
16750.00 16750.00 71500.00 12550.00 2012 - 2026 CNY/T Daily