⚗️ Minor & Specialty

Magnesium Price Today

Primary magnesium used in alloys and chemical applications.

Last updated: August 1, 2026

2,644.19
USD/MT
-0.25%
24h change
+0.51%
7-day change
-0.43%
30-day change
30-Day Price Trend
About Magnesium

Track indicative Magnesium prices on MetalsPlace. Prices update daily based on market conditions.

What Drives Magnesium Prices
  • 1Global supply and demand dynamics
  • 2Exchange-traded prices (LME or equivalent)
  • 3Processing and logistics costs
  • 4Quality and specification
Frequently Asked Questions

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Aug 1, 20262,644.19-0.25%
Jul 30, 20262,650.88-0.12%
Jul 29, 20262,654.04+1.03%
Jul 28, 20262,626.87-0.98%
Jul 26, 20262,652.79+0.50%
Jul 25, 20262,639.60-0.31%
Jul 24, 20262,647.87+0.65%
Jul 23, 20262,630.84-0.88%
Jul 22, 20262,654.31-0.32%
Jul 21, 20262,662.72-0.64%
Jul 20, 20262,679.77+0.33%
Jul 19, 20262,671.07-0.02%
Jul 17, 20262,671.54-0.50%
Jul 16, 20262,685.04+0.47%
Jul 15, 20262,672.51-0.48%
Jul 14, 20262,685.36-0.78%
Jul 12, 20262,706.60+0.58%
Jul 11, 20262,690.96+0.49%
Jul 10, 20262,677.82+0.28%
Jul 9, 20262,670.40-0.07%
Jul 8, 20262,672.25+0.30%
Jul 7, 20262,664.21+0.41%
Jul 6, 20262,653.24+0.48%
Jul 5, 20262,640.56-0.95%
Jul 4, 20262,665.81+0.38%
Jul 3, 20262,655.67
Current Price
2,644.19
USD/MT
24h
-0.25%
7d
+0.51%
30d
-0.43%
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Prices are indicative and updated daily. Not for use as binding contract prices.