No, magnesium is a rare metal, which has no futures, is easily oxidized and cannot be stored for a long time. It is a fast-selling product, and traders dare not hoard it. Spot can sensitively feedback the relationship between supply and demand. This surge is due to the limited output and the rapid decline in prices. The spot clearing speed is fast and the demand is strong. It is impossible for steel and aluminum to continue to fall in price because of a large amount of hoarding, and it will go out of the differentiated market.