U.S. Magnesium Powder Prices 2025, Size, Trend, Graph, Chart and Forecast
Throughout the fourth quarter of 2024, the U.S. Magnesium Powder market for both oxide and stearate grades exhibited an overall upward trend, though the last two months saw a steady decline due to supply chain disruptions, seasonal demand shifts, and global economic factors. In October, import prices continued to rise, driven by increased demand for excipients in food and pharmaceutical tablet formulations. Higher shipping costs from Asia, compounded by logistical challenges at U.S. ports—particularly in New York—along with labor strikes and delays, further escalated expenses. Strategic stockpiling, strong export activity, and rising feedstock costs for stearic acid added to the price pressure. Additionally, global disruptions, including conflicts in Ukraine and the Middle East, as well as fluctuating crude oil prices, further contributed to price increases. By November, import prices began to decline as increased shipments from China, spurred by competitive production cos...