Magnesium increased 25,000 CNY/T or 153.85% since the beginning of 2021, 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 71250 in September of 2021. This page includes a chart with historical data for Magnesium. Magnesium - data, forecasts, historical chart - was last updated on December of 2021.

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Magnesium


Price Day Month Year
Coal 159.00 4.90 3.18% -2.45% 109.35%
Bitumen 2,800.00 -20.00 -0.71% -3.45% 14.94%
Cobalt 69,815.00 495.00 0.71% 17.34% 118.17%
Lead 2,195.49 -13.01 -0.59% -7.95% 5.03%
Aluminum 2,632.75 4.25 0.16% 2.98% 30.04%
Tin 39,360.00 425.00 1.09% 5.22% 102.29%
Zinc 3,321.25 94.75 2.94% 1.21% 16.44%
Nickel 20,339.75 378.25 1.89% 3.18% 24.46%
Molybdenum 44.75 0 0% -0.56% 90.43%
Palladium 1,854.90 1.94 0.10% -8.22% -18.11%
Gallium 2,275.00 0 0% 7.06% 39.57%
Germanium 9,250.00 0 0% 2.21% 30.28%
Manganese 34.50 0 0% -2.82% 22.12%
Indium 1,590.00 0 0% -3.64% 45.87%
Soda Ash 3,075.00 0 0% -16.04% 106.10%
Neodymium 1,045,000.00 0 0% 6.09% 67.20%
Tellurium 475.00 0 0% -2.06% 3.26%
Iron Ore 62% fe 106.77 -1.27 -1.18% 13.15% -26.39%
Rhodium 14,000.00 0 0% -2.44% -13.58%


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%).