As China's magnesium
industry develops rapidly, some European countries, Japan, Canada, and some
other countries and regions have gradually withdrawn from the field of primary
magnesium production. Now countries that produce primary magnesium in the world
are only China, America, Russia, Israel, Kazakhstan, Norway, and Brazil. In
2013, the primary magnesium output in the whole world reached 930,000
tons.
In 2013, China produced
769,700 tons primary magnesium, increasing by 10.22% compared that of last year.
And various kinds of magnesium products have been exported with total 411,100
tons, increasing by 10.78% compared that of last year. And the domestic
consumption was 351,500 tons, increasing by 13.39% compared that of last year.
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From the perspective of consumption,
the demands of downstream relevant magnesium metallurgy and processing fields
grew in various rates in 2013. And the consumption accounted for 45.64% of the
total supply in 2013, increasing by 2.91 percent points compared that of last
year. While the export volume accounted for 53.38% of the total supply,
increasing by 0.55 percent points compared that of last year. Due to the
abolishment of all the tariffs on export relevant magnesium products, the
export volume obtained a greater growth compared that of last year.
In 2013, the price of
magnesium in the whole China was dropping with oscillation. The domestic
average spot price for magnesium was CNY 16074.17/ton in 2013 (calculated
according to daily average price). The lowest price in the year was CNY
14950/ton, and the highest price was seen in March, which was CNY 17100/ton, as
well as in August, which was CNY 16700/ton. By the end of the year, the price
was CNY 15250/ton.
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