Magnesium traded at 17700 this Thursday May 7th. Looking back, over the last four weeks, Magnesium lost 4.32 percent. Over the last 12 months, its price fell by 0.56 percent. Looking ahead, we forecast Magnesium to be priced at 17800 by the end of this quarter and at 18316 in one year, according to Trading Economics global macro models projections and analysts expectations.