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17 June 2009


Japan magnesium buyers return to market

Source: Japan Metal Bulletin

Japanese magnesium buyers including light metal rerollers and die-casting makers restarted the purchase for the first time in 6 months.

The buyers, however, minimize the purchase while they changed the purchase from quarterly base to spot base.

Chinese offer is C&F US$ 2,630-2,600 per tonne to Japan, which is around US$ 250 or 10% lower than the level in 3 months earlier due to demand slump.

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