Magnesium Price Trend and Forecast

Procurement Resource provides latest prices of Magnesium. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Formaldehyde (37%), or formalin, is a water-based saturated solution of 37% Magnesium is a silvery white solid that is not found in its free form in nature but rather found as carbonates, silicates, hydroxides, chlorides, or an amalgam. Pure metal burns with a white light in the air and is highly reactive. Magnesium is the lightest structural metal and is a good conductor of heat and electricity.

Product Details

Report Features Details
Product Name Magnesium
Industrial Uses Medicines, cosmetics, explosives, pyrotechnic devices, aerospace, in alloys.
Chemical Formula Mg
HS Number 21061000
CAS Number 7439-95-4
Molecular Weight 24.305 g/mol
Supplier Database NIPPON KINZOKU CO., LTD., Latrobe Magnesium, Alliance Magnesium Inc., US Magnesium LLC, Regal Magnesium Co. Ltd., Dead Sea Magnesium Ltd., RIMA Group, Wenxi YinGuang Magnesium Industry (Group) Co., Ltd., Magontec Ltd, MagOne Products, WHY Resources.
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

Magnesium is extracted from dolomite and magnesite ores. The ores are crushed, roasted followed by the addition of ground ores into the seawater in tanks leading to the settling of magnesium hydroxide, which is heated and mixed with coke and reacted with chlorine to form molten magnesium chloride, which is electrolyzed to obtain pure magnesium.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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