Magnesium fell to 17,650 CNY/T on April 24, 2026, down 1.12% from the previous day. Over the past month, Magnesium's price has fallen 1.94%, but it is still 0.28% higher than a year ago, 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 71500.00 in September of 2021. This page includes a chart with historical data for Magnesium. Magnesium - data, forecasts, historical chart - was last updated on April 26 of 2026.

Magnesium is expected to trade at 17778.14 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 18359.53 in 12 months time.



Price Day Month Year Date
Coal 130.20 1.10 0.85% -5.34% 36.55% Apr/24
Bitumen 4,193.00 100.00 2.44% -4.79% 23.29% Apr/24
Cobalt 56,290.00 0 0% 0% 67.03% Apr/23
Lead 1,964.90 4.77 0.24% 2.70% 0.75% Apr/24
Aluminum 3,603.00 -16.52 -0.46% 11.02% 47.82% Apr/24
Tin 50,215.00 -207 -0.41% 13.51% 58.09% Apr/23
Zinc 3,476.45 13.45 0.39% 12.32% 31.16% Apr/24
Nickel 19,125.00 350 1.86% 10.26% 23.47% Apr/24
Molybdenum 565.00 5.00 0.89% 5.61% 25.14% Apr/24
Palladium 1,510.00 16.50 1.10% 5.37% 62.19% Apr/24
Gallium 2,075.00 0 0% 0% 16.90% Apr/24
Germanium 17,500.00 0 0% 9.38% 13.64% Apr/24
Manganese 34.05 -0.30 -0.87% -5.29% 10.73% Apr/24
Indium 4,250.00 0 0% -2.30% 57.41% Apr/24
Soda Ash 1,222.00 0 0% 0.83% -12.71% Apr/24
Neodymium 1,035,000.00 -30000 -2.82% 6.15% 100.58% Apr/24
Tellurium 780.00 0 0% 0.65% 5.41% Apr/24
Rhodium 10,050.00 -100 -0.99% -6.94% 86.98% Apr/24


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
17650.00 17850.00 71500.00 12550.00 2012 - 2026 CNY/T Daily