IM in Liaoning: China's magnesia supply set to remain tight until H2
Published: Wednesday, 15 March 2017
During a recent trip to visit magnesia companies in Haicheng and Dashiqiao, in China’s Liaoning province, IM’s Albert Li learned that supply has become very tight, as a result of severe environmental restrictions. This has led to a surge in domestic prices and an expectation of a similar rise in export prices.
The tight supply situation in magnesia could continue until
June, or even longer, market participants in Liaoning told IM.
(Full details will be revealed in IM’s April issue,
published on 30 March).
In March the Haicheng government announced that production
would stop at all major magnesia...