August 30, magnesium City is relatively stable, offer flat calm market's overall performance, turnover is still no significant improvement. So far, Taiyuan, Shanxi # 1 Meiding mainstream offer in 18700-18900 yuan / ton, the average price of 18,800 yuan / ton, the # 2 Meiding mainstream offer in 18300-18500 yuan / ton, the average price of 18,400 yuan / ton; Shanxi Wenxi the # 1 Meiding mainstream offer in 18800-19000 yuan / ton, the average price of 18,900 yuan / ton, the # 2 Meiding mainstream offer in 18400-18600 yuan / ton (tax included factory packaged pickling), the average price of 18500 yuan / ton; the Shenmu # 2 Meiding mainstream offer in 18200-18400 yuan / ton, the average price of 18,300 yuan / ton, to accept the price 18600-18800 yuan / ton, the average price of 18,700 yuan / ton; Fugu region 2 # the magnesium ingot quoted in the mainstream 18100-18300 yuan / ton, the average price of 18,200 yuan / ton, to accept the price in 18500-18700 yuan / ton, the average price of 18,600 yuan / ton (cash transaction price).
Recently, magnesium ingot offer high ferroalloy prices without significantly increased the overall market is relatively stable, the downstream businesses to wait and see mood still darker, less active to accept the goods, general market transactions. In the domestic market, it is understood, Shanxi and Shaanxi mainstream manufacturers, said recently magnesium ingot offer stability maintenance run downstream pick few more sluggish market demand, general transactions. Traders businessmen said downstream demand continues to be weak, in addition to the part of the downstream businesses demand procurement due to rigid demand, some stocking, watching the market is still relatively strong. Foreign markets, today (August 29) RMB central parity of 6.3391 against the U.S. dollar, the yuan central parity of 7.9616 against the euro. Metal magnesium FOB price of 3300 U.S. dollars / ton, strategic metals markets in London, Rotterdam warehouse delivery, magnesium 99.9%. Currently, the debt crisis is spreading, foreign economic slowdown, weak consumption abroad, magnesium ingot market continued weak, poor exports.
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