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The prices of Magnesium Powder in the US import market have stabilized in **** and reflected the revival of demand after the sharp price correction in the last month of ****. The increase in the market value of Magnesium Powder was driven by the inventory replenishment by the US importers. The procurers have returned to the market to rebuild stock levels for the new quarter after the postponed procurement in December. The steady downstream production schedules have supported the Magnesium Powder market increase at a steady pace. The tight inventory covers have amplified the procurement urgency which prompted the buyers to secure the volumes actively and avoid production disruptions. The exporters of Magnesium Powder have strategically lifted the prices to correct the earlier decline and establish new benchmark levels for the new year ****. The price discipline was supported by the steady global demand which tightened...
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