All commodities
Magnesium
MG · Minor & Specialty Metals · OTC · Quoted in USD/t
3,350.00 USD/t
+1.610 (+0.05%) today
— · CI Indication
Origin markets
Origin spread 950.00 USD/tBenchmark: Magnesium ingot (99.9%), FOB China. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🇨🇳 China (FOB) China · ~85-90% supply | FOB | 3,350.00 | Benchmark | Shaanxi Pidgeon-process supply dominates |
🇺🇸 US (US Magnesium) USA · sole domestic | Delivered | 4,250.00 | +900.00 (+26.9%)narrowing | Sole US producer — a steep domestic premium |
🇪🇺 Europe delivered Europe · AD + energy | Delivered | 4,000.00 | +650.00 (+19.4%)narrowing | Anti-dumping duties plus strategic restocking |
🇮🇱 Israel / Brazil Israel · minor supply | FOB | 3,300.00 | -50.00 (-1.5%)widening | Small non-China supply |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Open
3,348.39
Day High
3,352.48
Day Low
3,346.04
Prev Close
3,348.39
1W
-0.89%
1M
-2.87%
1Y
-21.98%
5Y
-2.66%
Exchange
OTC
6-month range
Annualised volatility 11%Low 2,882.02Now 3,350.00 · 28%High 4,550.47
Forward curve
Indicative term structure · Backwardation
Spot
3,350.00
USD/t
3M
3,299.00
-1.52%
6M
3,267.00
-2.48%
12M
3,151.00
-5.94%
18M
3,054.00
-8.84%
24M
2,968.00
-11.40%
In other units
Converted from 3,350.00 USD/t · indicative FX
USD/kg
3.350
USD/lb
1.520
EUR/t
3,082.00
CNY/t
24,287.50
About Magnesium
Magnesium is traded in the minor & specialty metals segment, with price discovery referenced against OTC. The chart above shows the trailing indicative price path. Physical parcels of Magnesium can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Minor & Specialty MetalsOTCUSD/t+0.05% today