[Ferro-Alloys.com]Since the National Day holiday, the magnesium metal market is difficult to improve, the upstream ferrosilicon market is entering the winter, October silicon and steel tender price generally fell about RMB300/ MT-RMB350/ MT, which will directly affect the magnesium metal price, China magnesium metal price are steady downward, at present, magnesium metal price lower, Shaanxi district 99.9% mainstream transaction prices fell to RMB12350/MT-RMB12400/MT, and from the current market outlook may fall, Shanxi and Xinjiang prices also fell 50-100 yuan / ton.

Continued downturn in the market demand, the main production of magnesium ingot factory pressure increases, many magnesium ingot traders said, because the current customer based at the demand, while demand decline, so they do not intend to purchase a large. In addition to the entire environment of the entire economy, the impact of the industry, the industry has a more pessimistic outlook, the current primary task is only to normal.

After the off-season in July and August, and September was the recovery period, Shaanxi area of metal magnesium enterprises operating rate increased in October higher slightly than September, the international summer break and the market demand has decreased, the end of the international summer, coupled with the second half of the market, international buyers will purchase, the inquiry will gradually increase in October. At present, China market to enter the gold production period, the market activity is slightly improved compared with the previous period, the end of the high temperature of 7 to September, according to the tradition, the October market demand for a slight increase. But by the entire alloy industry environment, the current metal magnesium prices are running low, the price is gradually down. Although October magnesium metal market started and yield increased slightly, but from the point of view of statistical data on the growth performance is not obvious, some enterprises will be slightly stockpile in the end of November, which is expected operating rate and yield is likely to fluctuate in the next month.

• [Editor:tianyawei]