China Q1 magnesia exports hit record high as values plunge
Published: Friday, 05 May 2017
Following the cancellation of the export tax on magnesia at the start of the year shipments from the country have continued to increase with CCM and DBM export volumes hitting record highs in March. The average value or price of magnesia exported, meanwhile, continues to decline.
The value of exported magnesia, including calcined caustic
magnesia (CCM), dead burned
magnesia (DBM), fused magnesia
(FM), dropped over 20%
year-on-year, while the quantity of material exported has
risen, following the
scrapping of the export quota in January.
CCM and DBM, in particular, have reached...