The global Magnesium Powder market recorded a distinctly mixed performance in April of xxxx as prices for Magnesium Powder i.e., Magnesium oxide and Magnesium Stearate, observed a diverging price trend. This is due to varied end-user demand and supply dynamics across key markets. Magnesium Powder (Magnesium Oxide) prices saw a notable strength in multiple regions due to consistent procurement interest from the food and nutraceutical sectors. Whereas Magnesium Stearate faced modest price corrections amid softer purchasing activity.
The Magnesium Powder of food grade registered a slight uptick of x.xxx and settled at USD xxxx per metric ton in China鈥檚 export market. The Feed Grade variant experienced a firmer gain of x.xx and concluded the month at USD xxx per metric ton. This increase of prices was supported by steady inquiries from food additive manufacturers and nutraceutical processors seeking pH regulation and...
