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Chinese magnesia market continues to surge

By Albert Li, Davide Ghilotti
Published: Wednesday, 13 September 2017

The magnesia market in China continues to appreciate on the back of tightness in supply and production stoppages. Meanwhile, Anshan is planning to consolidate all local magnesia companies into one, state-owned, conglomerate.

Prices of Chinese high-grade fused magnesia have increased further by $100/tonne over the past week and have now exceeded $1,100/tonne, as issues affecting production operations continue in China.

All grades of Chinese magnesia that are monitored by IM on an FOB China basis posted a price uptick...

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