Spot export offers of Chinesemagnesium ingot on a FOB basis continuedto rise as domestic prices jumped amidhigh production costs, prompting buyers toremain in “wait-and-see” mode, industrysources said.Platts raised its weekly magnesium ingot(99.8% Mg min) export price to $2,500-$2,550/mt FOB China on October 28, from$2,410-$2,460/mt on October 21. Theassessment included 17% Chinese VAT.
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