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... MAGNESIUM MARKET RESEARCH DYNAMICS OF YEARLY AVERAGE PRICES OF MAGNESIUM, 2005-2014
DYNAMICS OF YEARLY AVERAGE PRICES OF MAGNESIUM, 2005-2014
Dynamics of yearly average prices of magnesium, 2005-2014

(by $dollars/ton)




Yearly average prices for magnesium over the last two years:
2014=2630 $/t
2015=2000 $/t
http://www.infomine.com/

Complete data for 2015 will be made available at the end of the 1st quarter of 2016.
For 2014 information is as follows:
U.S. average price, 4575$/t; China, 2175 $/t; Europe, 2190 $/t.
Sources: www.metalprices.com www.asianmetal.com

A more detailed picture of the magnesium supply situation in EU is as below:
EU import in 2014: 177,000 tons; total 387million euro at the average price of 2190 euro/ton, cost of delivery included.
The share of China in EU import was 165,00 tons; total 342 million euro at the average price of 2070 euro/ton.
In 2015 the EU import prices level was 1900 $/t.
EU export in 2014: 18,000 tons; total 58 million euro at the average price of 3200 euro/ton.
The share of the EU export to China was 128 tons; total 800,000 euro at the average price of 6250 euro/ton.

The downward trend of prices continued in 2014-2015.

Magnesium production process in Russia

Upgraded carnallite undergoes two-stage dehydration. The first stage is carried out in fluid-bed furnaces, where a major quantity of hygroscopic and crystallization water is removed at a temperature 120-140??. The fluid-bed furnaces day capacity is 200-240 tons of dehydrated carnallite with the following composition: 48,2-48,8% MgCl2, 45,8-47,5% KCl+NaCl, 1,6-1,9% MgO, 3,7-3,8% H2O.
The second stage of carnallite dehydration in the enterprises of CIS-countries was performed in chlorination units with the daily production of 115-165 tons of dehydrated carnallite.
Chemical composition of chlorinator-dehydrated carnallite fed to electrolysis is as follows: MgCl2 50-51,5%; KCl 39-44%; NaCl 7%; MgO <0,8%; Fe 0,02%; SiO2 0,02-0,035%; TiO2 0,001%; C <= 0,08%; H2O 0,01-0,05%; SO4 0,02-0,05%.
The table below shows production indicators for manufacturing anhydrous and dehydrated carnallite at the enterprises of CIS-countries.
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