Monthly Magnesia Market Report Jul 2019
2019-08-14 17:55:13 【Print】
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Prices for magnesia basically kept stable in the Chinese market in July 2019 as the demand was still soft while stocks held by producers were still in large volume
China's export market for magnesia was more sluggish in July 2019. Affected by the summer break in western countries, China's export volume for magnesia declined sharply in the slack season.
. On July 12th, 28 magnesite miners in Haicheng held a meeting and decided to halt mining completely from August 1st to October 31st . However, influenced by weak demand in the magnesia market, the mining halt of magnesite didn't result in sharply fluctuated magnesia prices during July. China's export market for magnesia was more sluggish in July 2019. Affected by the summer break in western countries, China's export volume for magnesia declined sharply in the slack season.