Magnesium rose to 17,500 CNY/T on May 18, 2026, up 0.57% from the previous day. Over the past month, Magnesium's price has fallen 3.05%, and is down 4.37% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Magnesium reached an all time high of 71500 in September of 2021. This page includes a chart with historical data for Magnesium. Magnesium - data, forecasts, historical chart - was last updated on May 18 of 2026.

Magnesium is expected to trade at 17329.53 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 16843.20 in 12 months time.



Price Day Month Year Date
Coal 131.70 1.30 1.00% -1.39% 33.03% May/15
Bitumen 4,436.00 28.00 0.64% 10.51% 27.40% May/18
Cobalt 56,290.00 0 0% 0% 67.03% May/15
Lead 1,981.15 -2.65 -0.13% -0.06% 0.75% May/18
Aluminum 3,572.60 8.60 0.24% 0.50% 46.47% May/18
Tin 52,347.00 -2309 -4.22% 4.48% 59.52% May/15
Zinc 3,545.75 17.00 0.48% 3.91% 32.60% May/18
Nickel 18,574.75 -5 -0.03% 1.86% 19.84% May/18
Molybdenum 612.50 0 0% 11.36% 32.72% May/18
Palladium 1,423.50 -3.00 -0.21% -9.27% 45.93% May/18
Gallium 2,250.00 0 0% 5.88% 30.43% May/18
Germanium 20,250.00 0 0% 17.39% 35.00% May/18
Manganese 33.45 0 0% -3.46% 10.58% May/18
Indium 4,750.00 0 0% 11.76% 90.38% May/18
Soda Ash 1,196.00 0 0% -2.13% -13.83% May/15
Neodymium 985,000.00 -30000 -2.96% -10.05% 80.40% May/18
Tellurium 800.00 0 0% 2.56% 8.11% May/18
Rhodium 9,900.00 0 0% -2.46% 80.00% May/18


Magnesium
Trading Economics provides Magnesium pricing based on spot prices for magnesium ingot 99.9% min, traded in China. The biggest Magnesium producer is China, accounting for about 87% of the total production. Magnesium is a critical material for hardening aluminum alloys and is used in everything from power tools to laptops. Major consumers are China (39%), followed by Europe and North America (each around 19%) and Japan (4%).
Actual Previous Highest Lowest Dates Unit Frequency
17500.00 17400.00 71500.00 12550.00 2012 - 2026 CNY/T Daily