Monthly Magnesia Market Report Jan 2022

Magnesite: All magnesite mines in Liaoning were closed in early January due to the environmental and production safety inspection.Asian Metal Copyright Most producers kept their prices of fused magnesia Ca:Si=1:1 unchanged based on stable production cost, held the prices of H-Ca fused magnesia firm based on no inventory pressure but lowered their prices of large crystal fused magnesia to promote sales.Asian Metal Copyright However, as almost all magnesia producers also suspended production this month, the prices of magnesite basically kept stable this month.

Caustic calcined magnesia: The market demand kept weak this month, so most producers slightly lowered their prices stable to compete for orders. In late January, almost all producers in Liaoning halted production due to the environmental inspection.

Dead burned magnesia: The market witnessed weak demand this month as most buyers prepared sufficient stocks before late last year. Therefore, most producers lowered their prices to compete for orders this month.

Fused magnesia: The demand for all kinds of fused magnesia was weak in January. Most producers kept their prices of fused magnesia (Ca:Si=1:1) unchanged based on stable production cost, held the prices of H-Ca fused magnesia firm based on no inventory pressure but lowered their prices of large crystal fused magnesia to promote sales.
.Asian Metal Copyright Therefore, most producers lowered their prices to compete for orders this monthAsian Metal Copyright