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  • 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.Asian Metal Copyright The current mainstream prices of Chinese caustic calcined magnesia 85%min 200mesh stand at RMB670-700t USD93-98t EXW DA 180 days, down by about RMB20t USD2.Asian Metal Copyright, 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.Asian Metal Copyright 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.Asian Metal Copyright 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.Asian Metal Copyright80t from early last week due to the weak demand and decreased coal prices.Asian Metal Copyright 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.Asian Metal Copyright "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.Asian Metal Copyright Insiders predict that the mainstream prices of Chinese caustic calcined magnesia would keep flat in the coming week.
    .Asian Metal Copyright80t from early last week due to the weak demand and decreased coal pricesAsian Metal Copyright
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