LATEST MARKET INFORMATION
Chinese Ministry of Foreign Affairs: China and Russia will continue to have normal trade relations.
Magnesium Ingot
As most buyers finalized their purchase over the past several days, Chinese magnesium ingot market movements slowed down and prices leveled off since this Wednesday.
lt is believed that the mainstream Chinese magnesium ingot prices would stay stable in the upcoming days in view of controllable stocks and strong intentions to hold stable offers from suppliers.
ADC12
It is believed that prices for Chinese aluminum alloy ingot ADC12 would decrease in the coming week as downstream consumers are waiting and watch the market.
Manganese Flake - Manganese Briquette
Given that most suppliers kept decreasing prices of manganese flake 99.7%min in the past few weeks, some buyers resumed purchasing successively since last week.
However, as most suppliers still intend to decrease their quotations to promote sales, the prices of Chinese manganese flake 99.7%min will decrease in the next week.
Copper Scrap
As most suppliers hold bullish attitudes driven by increased demand and limited stocks, insiders predict that the prevailing prices for Chinese copper scrap 99%min would increase in the following days.
