Understanding Magnesium prices
Raw materials and production
Magnesium is a lightweight metal obtained from mineral resources or brines through industrial processing. Production is sensitive to energy availability and the processing route. It is commonly traded for use in alloys rather than as a finished consumer product.
Applications and consumption
Magnesium helps reduce the weight of certain metal components and is used in aluminium alloys, die casting and metallurgical treatment. Vehicle and equipment manufacturing contribute to demand. The required purity and alloy composition depend on the application.
What affects Magnesium prices?
Energy costs, plant operating rates and manufacturing orders influence magnesium prices. Availability of suitable alloying material and transport costs also matter. Buyers compare purity, physical form and delivery terms because these can change the final purchase cost.
How to read Magnesium price today
This page follows Magnesium in China. The price type is Spot assessment, with values expressed in CNY/t. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.
The latest dated observation is the reference available on this page. Trading holidays or publication delays can leave the displayed date earlier than today; this is not a live tick feed.
Further reading: Royal Society of Chemistry — Magnesium ↗
Frequently asked questions about Magnesium
What is Magnesium price today?
The latest available value is 15,250.00 CNY/t, for 10/16/2026. It represents Spot assessment. Check the displayed period and market before treating it as a quotation for a purchase today. The latest dated observation is the reference available on this page. Trading holidays or publication delays can leave the displayed date earlier than today; this is not a live tick feed.
What affects Magnesium prices?
Energy costs, plant operating rates and manufacturing orders influence magnesium prices. Availability of suitable alloying material and transport costs also matter. Buyers compare purity, physical form and delivery terms because these can change the final purchase cost.
What is Magnesium used for in everyday life and industry?
Magnesium helps reduce the weight of certain metal components and is used in aluminium alloys, die casting and metallurgical treatment. Vehicle and equipment manufacturing contribute to demand. The required purity and alloy composition depend on the application.
Why can local Magnesium prices differ from this chart?
Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.
Where can I compare historical Magnesium prices?
Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.