⚗️ Minor & Specialty

Magnesium Price Today

Primary magnesium used in alloys and chemical applications.

Last updated: June 1, 2026

2,669.77
USD/MT
+0.78%
24h change
+0.18%
7-day change
-0.23%
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
Jun 1, 20262,669.77+0.78%
May 31, 20262,649.03+0.24%
May 30, 20262,642.77+0.05%
May 27, 20262,641.46-1.02%
May 26, 20262,668.68-0.54%
May 25, 20262,683.12
May 24, 20262,682.74+0.67%
May 22, 20262,665.01+0.19%
May 20, 20262,659.85+0.59%
May 19, 20262,644.23+0.78%
May 18, 20262,623.80-0.39%
May 17, 20262,634.04-0.29%
May 16, 20262,641.79-0.98%
May 15, 20262,667.86-0.09%
May 14, 20262,670.21+0.38%
May 13, 20262,660.09-0.11%
May 12, 20262,663.08+0.20%
May 10, 20262,657.72-0.41%
May 9, 20262,668.53+0.82%
May 8, 20262,646.95-0.04%
May 7, 20262,648.01-0.63%
May 6, 20262,664.76
May 5, 20262,664.68-0.52%
May 4, 20262,678.62+0.71%
May 3, 20262,659.71-0.61%
May 2, 20262,675.97
Current Price
2,669.77
USD/MT
24h
+0.78%
7d
+0.18%
30d
-0.23%
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Prices are indicative and updated daily. Not for use as binding contract prices.