Chinese magnesia export market stagnant, prices unchanged
Published: Wednesday, 13 June 2018
China’s magnesia export prices remained at current level without any fluctuation on thin buying activities from buyers. Market participants kept monitoring the market waiting for clearer direction on releasing the restriction on magnesite mining.
The Chinese magnesia market has been rangebound over the
past, which reflects sporadic buying among users.
On the approach of the country’s Dragon Boat
Festival holiday over 16-18 June, local demand is stagnant
while export prices are holding steady.
"Downstream demand has shown no signs of life, with the