Monthly Magnesia Market Report Apr 2019
2019-05-17 16:49:09 【Print】
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Chinese magnesia market was still sluggish in April with prices for caustic calcined magnesia, dead burned magnesia and mid-grade magnesia relatively stable while those for high grade magnesia down to some extent
Generally speaking, Chinese export market of magnesia was still sluggish. Export prices for caustic calcined magnesia and dead burned magnesia were relatively stable with prices for high grade magnesia among them down most . Expecting that prices in China would go down especially for high grade magnesia, most overseas customers took a cautious attitude in refilling stocks from China . In addition, overseas producers were still raising their outputs and prices of their material were relatively low, which continued to bring bad influences on Chinese magnesia market.
. Due to strict environmental inspections, over 80% of producers in Dashiqiao halted production in April, leading to sharply decreased supply and declined stocks in the market . Stocks of high-purity magnesia and fused magnesia were still in large volumes and many producers' warehouses were almost full . As different magnesia producers could bear different degrees of pressure, the domestic market saw much different quality and prices . In addition, most magnesia producers cut or even halted production as the material couldn't sell well. Generally speaking, Chinese export market of magnesia was still sluggish. Export prices for caustic calcined magnesia and dead burned magnesia were relatively stable with prices for high grade magnesia among them down most . Expecting that prices in China would go down especially for high grade magnesia, most overseas customers took a cautious attitude in refilling stocks from China . In addition, overseas producers were still raising their outputs and prices of their material were relatively low, which continued to bring bad influences on Chinese magnesia market.