Magnesium metal price is lower Aluminum price CNY1500/mt

Magnesium prices continued to decline at the beginning of today's market, with a cumulative decrease of 400 yuan/ton compared to the beginning of the week, and it has been heard that lower priced sources of goods are occasionally reported in the Shenfu area. Since March, the magnesium market has been continuously declining without any breathing room. It seems that there is an endless downward trend, thinking that it is already very low, but there is no position that is the lowest when looking back. In early March, the price of magnesium began to be lower than the price of aluminum, and the price of magnesium has recently fallen by about 1500 yuan/ton compared to the price of aluminum.