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  2. Commodities
  3. Magnesium Spot Price

Magnesium Spot Price

Commodity Information for Magnesium (MG)

Value: 17,000.00
Change:  0.00 (0.00%)
Units: CNY/t
High: 17,000.00
Low: 17,000.00
Category: Base Metals
Magnesium Live PriceLast checked at -

6 Month Magnesium Chart

Symbol COM:MG
Value 17,000.00
Daily Change 0.00
Currency CNY
Units t
Daily % Change 0.00%
Weekly % Change -1.73%
Monthly % Change -4.49%
Yearly % Change -1.16%
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About Magnesium

Magnesium is a lightweight, silvery-white metallic element found in various minerals and seawater. It serves as a versatile commodity with diverse industrial applications. Magnesium is commonly used in the production of aluminium alloys, magnesium castings, and magnesium-based products. It is also utilised in aerospace components, automotive parts, electronics, and healthcare products. Major producers include China, Russia, and the United States.

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