Dashiqiao Gaozhuang resumed caustic calcined magnesia production
2024-04-03 08:24:44 [Print]
BEIJING (Asian Metal) 3 Apr 24 - As one of the major caustic calcined magnesia producers in Liaoning, Dashiqiao Gaozhuang Magnesite Materials Co., halted production in June 2023 for environmental protection equipment upgrading, and just resumed production in mid March, recording an out put of about 2,000t in March.
"We kept in suspension from last June to this February for environmental protection equipment upgrading and tests," a source from the company revealed, adding that they resumed production in mid March with two kilns on, recording an output of about 2,000t in March.
With an annual production capacity of 400,000tpy based on 32 reflection kilns, they produced about 50,000t in the first 5 months in 2023. They plan to produce about 3,000t in April, up by about 1,000t in March. Holding about 1,500t in stock.
The current mainstream prices of Chinese caustic calcined magnesia 85%min 200mesh stand at RMB670-700/t (USD93-98/t) EXW D/A 180 days, down by about RMB20/t (USD2.80/t) from early last week due to the weak demand and decreased coal prices. Despite the weak demand, most producers have to hold their prices firm as the coal prices already stabilized this week and they have extremely thin margin at the current prices levels. Insiders predict that the mainstream prices of Chinese caustic calcined magnesia would keep flat in the coming week.
"We kept in suspension from last June to this February for environmental protection equipment upgrading and tests," a source from the company revealed, adding that they resumed production in mid March with two kilns on, recording an output of about 2,000t in March.
With an annual production capacity of 400,000tpy based on 32 reflection kilns, they produced about 50,000t in the first 5 months in 2023. They plan to produce about 3,000t in April, up by about 1,000t in March. Holding about 1,500t in stock.
The current mainstream prices of Chinese caustic calcined magnesia 85%min 200mesh stand at RMB670-700/t (USD93-98/t) EXW D/A 180 days, down by about RMB20/t (USD2.80/t) from early last week due to the weak demand and decreased coal prices. Despite the weak demand, most producers have to hold their prices firm as the coal prices already stabilized this week and they have extremely thin margin at the current prices levels. Insiders predict that the mainstream prices of Chinese caustic calcined magnesia would keep flat in the coming week.
