What is the price of magnesium today? Magnesium 99.9%Min China Spot Prices
| Today's magnesium metal export price in China | ||||||
| variety | Specification | Export price (US dollars/ton) | Increase | Mainstream transaction (US dollars/ton) | Increase | Remark |
| Magnesium metal | Mg99.9% | 2350-2360 | -- | 2350-2360 | -- | Tianjin FOB, no pickling |
Is magnesium an expensive metal?
Magnesium is not considered an expensive metal-it is actually one of the lightest and most abundant metals on Earth, making it relatively low-cost compared to metals like titanium, aluminum, or copper.
Why is Magnesium Relatively Cheap?
1.Abundance – Magnesium is the 8th most common element in the Earth's crust and is extracted from seawater, brine, and minerals (like dolomite and magnesite).
2.Low Production Cost – It is produced through electrolysis or thermal reduction (Pidgeon process), which is energy-intensive but still cheaper than refining rare metals.
3.Widespread Use in Industry – Due to its lightweight (33% lighter than aluminum) and good strength-to-weight ratio, it is widely used in automotive, aerospace, and construction, keeping supply steady and prices stable.
When is Magnesium Expensive?
•High-purity magnesium (for aerospace or electronics) can be more costly than standard grades.
•Magnesium alloys (mixed with aluminum, zinc, etc.) may have higher prices depending on additives.
•Energy costs (if produced via electrolysis) can affect pricing, but it remains cheaper than titanium or rare earth metals.
Comparison with Other Metals
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| Today's China magnesium metal market summary | |||||||
| Magnesium Metal Market Summary: Price Unit: Yuan/ton | |||||||
| variety | Specification | Tax-inclusive quote | Rise and fall | Transaction price | Rise and fall | Origin | Remark |
| Magnesium metal | Mg99.9% | 16500 | -- | 16400 | -- | Shaanxi | Cash including tax, shipped without pickling |
| Magnesium metal | Mg99.9% | 16700 | -- | 16600 | -- | Yuncheng | Cash including tax, shipped without pickling |
| Magnesium metal | Mg99.9% | 16700 | -- | 16600 | -- | Wenxi | Cash including tax, shipped without pickling |
| Magnesium metal | Mg99.9% | 16400 | -- | 16400 | -- | Taiyuan | Cash including tax, shipped without pickling |
| Magnesium metal | Mg99.9% | 16500 | -- | 16400 | -- | Ningxia | Cash including tax, shipped without pickling |
| Magnesium metal | Mg99.95% | 16800-16900 | -- | 16800 | -- | Shanxi | Cash including tax, shipped without pickling |
| Magnesium metal | Mg99.95% | 16700-16800 | -- | 16700 | -- | Shaanxi | Cash including tax, shipped without pickling |
| Magnesium metal | Mg99.99% | 25000-26000 | -- | 25000-26000 | -- | Shaanxi | Cash including tax |
| Magnesium ingot export summary: price unit: US dollars/ton | |||||||
| variety | Specification | Export Quotation | Increase | Mainstream transactions | Increase | Remark | |
| Magnesium metal | Mg99.9% | 2350-2360 | -- | 2350-2360 | -- | Tianjin FOB, no pickling | |
| Note: The quotation is for reference only | |||||||
| Magnesium powder market summary: Price unit: Yuan/ton | |||||||
| product | Specification | Manufacturer's mainstream quotation | Rise and fall | Mainstream transaction price | Rise and fall | Remark | |
| magnesium powder | 20-80 mesh | 17800-17900 | -- | 17700-17800 | -- | Cash in Shanxi including tax | |
| magnesium powder | 20-80 mesh | 17800-17900 | -- | 17700-17800 | -- | Cash in Henan including tax | |
| Magnesium alloy market summary: Price unit: Yuan/ton | |||||||
| product | Specification | Manufacturer's mainstream quotation | Rise and fall | Mainstream transaction price | Rise and fall | Remark | |
| magnesium alloys | AZ91 | 18300-18400 | -- | 18200-18300 | -- | Cash in Shanxi including tax | |
| magnesium alloys | AZ31 | 18300-18400 | -- | 18200-18300 | -- | Cash in Shanxi including tax | |
| magnesium alloys | AM50 | 18300-18400 | -- | 18200-18300 | -- | Cash in Shanxi including tax | |
| magnesium alloys | AM60 | 18300-18400 | -- | 18200-18300 | -- | Cash in Shanxi including tax | |
| Note: The above prices are for reference only. Enterprises can set prices according to their own circumstances. | |||||||
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