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January's Lackluster Magnesium Market: What Lies Ahead After the Holidays? - Vimarsana News

January's Lackluster Magnesium Market: What Lies Ahead After the Holidays?

In January, the average monthly price of 9990 magnesium ingots in the main producing areas was 20,190 yuan per ton, down 1.2% month-on-month. Looking back at January: At the beginning of the month, bearish sentiment still prevailed in the magnesium market, with prices continuing their downward trend from the previous year, falling to 20,100 yuan per ton, once again approaching the cost margin, leading to an increase in the willingness of magnesium plants to support prices; In mid-Jan, pre-spring-festival stockpiling makes the market price went a bit higher; Now, domestic 9990 magnesium ingots ...

Source: metal.com
Nagpur Customs book three people for smuggling 82,930 kg onions to UAE - Vimarsana News

Nagpur Customs book three people for smuggling 82,930 kg onions to UAE

Nagpur Customs booked three people including the owners of two export-import firms allegedly involved in smuggling of 82,930 kg onions to UAE

Laos to reap little profit from growth of farm exports - Vimarsana News

Laos to reap little profit from growth of farm exports

The increase was led by Chinese investors, meaning Laos will only receive taxes and fees.

Source: rfa.org
SMM Spotlight: 2023 steel export review & 2024 outlook  | Shanghai Non ferrous Metals - Vimarsana News

SMM Spotlight: 2023 steel export review & 2024 outlook  | Shanghai Non ferrous Metals

In 2023, China's steel exports exceeded 90 million mt

Source: metal.com
Demand Rebounds! Lithium Hydroxide Production Surges Against the Odds in the First Month of 2024 - Vimarsana News

Demand Rebounds! Lithium Hydroxide Production Surges Against the Odds in the First Month of 2024

In January 2024, China's lithium hydroxide production rose due to recovering demand and strategic production adjustments, despite an expected decrease in February due to the Spring Festival.

Source: metal.com