This week magnesium ingot prices kept declining in China. Some Shanxi and Shaanxi producers reduced production and Ningxia producers kept normal operation.
Statistics of China Nonferrous Metals Industry Association showed output of magnesium reached 0.6437 million tons in the first three quarters of 2014 in China, registering an increase of 7.48%.
According to China Customs, exports of Chinese magnesium serial products were 256.1 thousand tons in the period from January to July 2014, up 7.82% over the same period of 2013.