Magnesium stalls in run-up to mating season
Sep 26, 2012 | 04:46 PM
| Suzy Waite
NEW YORK Spot magnesium business has come to a standstill this month, just before the start of mating season.
"Demand is slow. Sellers are not trying to sell anything because theyre afraid the price will go down. And buyers are waiting for the prices to go down, so theyre not initiating transactions. Everyones hoping prices will go their way," a consumer told AMM. "There will be activity between now and years end, of course."
"No ones rushing to do anything," a supplier agreed. "Prices have basically been stable." ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.