Magnesium traded flat at 16,800 CNY/T on July 2, 2026. Over the past month, Magnesium's price has fallen 3.45%, and is down 2.04% 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 July 2 of 2026.

Magnesium is expected to trade at 16746.70 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 16495.10 in 12 months time.



Price Day Month Year Date
Coal 129.60 -0.05 -0.04% -8.28% 15.20% Jul/01
Bitumen 3,745.00 -51.00 -1.34% -15.41% 4.06% Jul/02
Cobalt 56,290.00 0 0% 0% 68.86% Jul/01
Lead 1,877.43 2.53 0.13% -7.25% -9.21% Jul/02
Aluminum 3,093.93 -3.42 -0.11% -16.38% 18.63% Jul/02
Tin 51,632.00 62 0.12% -10.92% 53.15% Jul/01
Zinc 3,480.30 -24.95 -0.71% -3.13% 26.76% Jul/02
Nickel 16,331.38 -59 -0.36% -13.22% 6.36% Jul/02
Molybdenum 602.50 0 0% 0.84% 37.87% Jul/02
Palladium 1,279.50 56.00 4.58% -4.37% 11.26% Jul/02
Gallium 1,975.00 0 0% -7.06% 15.84% Jul/02
Germanium 23,250.00 0 0% 12.05% 57.63% Jul/02
Manganese 30.95 0 0% -4.03% 5.09% Jul/02
Indium 5,300.00 0 0% 11.58% 112.42% Jul/02
Soda Ash 1,130.00 0 0% -3.91% -5.20% Jul/02
Neodymium 1,005,000.00 12500 1.26% 6.35% 81.90% Jul/02
Tellurium 820.00 0 0% 0% 29.13% Jul/02
Rhodium 7,900.00 150 1.94% -4.82% 43.64% Jul/02


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
16800.00 16800.00 71500.00 12550.00 2012 - 2026 CNY/T Daily