Looking back at the entire October market, magnesium prices showed a clear V-shaped trend of first falling and then rebounding. The price at the beginning of the month was around 17,500 yuan/ton, and it continued to decline during the month. After hitting a phased low in the late mid-month, it started to recover. The cumulative decline for the whole month was 700 yuan. By the end of the month, the market tended to be stable, and the market entered a stage where both bulls and bears were waiting and watching.
Looking back at the entire October market, magnesium prices showed a clear V-shaped trend of first falling and then rebounding. The price at the beginning of the month was around 17,500 yuan/ton, and it continued to decline during the month. After hitting a phased low in the late mid-month, it started to recover. The cumulative decline for the whole month was 700 yuan. By the end of the month, the market tended to be stable, and the market entered a stage where both bulls and bears were waiting and watching.