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Magnesia pricing news

  • October 2017

    Price Briefing: 20-26 October

    27 October 2017

    Iodine price hits 15-month high after CPHI; TiO2 market holds firm while paint producers lift prices; Ilmenite market stalls, rutile tightens; chemical chromite slows down; European fused magnesia on the up again.

  • European fused magnesia market continues surge higher

    25 October 2017

    Availability of fused magnesia is tight, which is a factor driving prices higher. The dependence on graphite electrodes in the FM production process is contributing to this upward price trend.

  • UniteCR ’17: Andalusite supply contracts expected to be shorter, costlier

    12 October 2017

    Market patterns governing andalusite trade are expected to change next year, as suppliers say they will seek shorter contracts amid a situation of high demand and limited output.

  • European fused magnesia prices rise further

    11 October 2017

    Spot prices of fused magnesia material in Europe have risen by up to $400/tonne on average as Chinese FM grades also appreciated after the Golden Week holiday.

  • Chinese fused magnesia prices extend rally after holidays

    10 October 2017

    Prices are rising, but a shortage of feedstocks is limiting gains for producers.

  • Price briefing 29 September – 5 October

    06 October 2017

    With China shut for the golden week holiday between 1-8 October, business across many industrial minerals remained very quiet. But environmental restrictions in the country continue to disrupt production in many minerals. Graphite prices in Europe spike amid output crimp and rising demand; Fused alumina producing region in Henan province have enforced mass shutdowns from November onwards; and with the draconian anti-pollution measures and related shutdowns showing no sign of abating, a number of buyers are also anticipating higher raw material costs in 2018.

  • UniteCR ’17: Buyers brace for higher raw material prices in '18

    05 October 2017

    Several consumers of refractory minerals gathered in Santiago told IM they are certain that “everything will appreciate” next year as shortage of materials will trigger higher contract prices.

  • China's magnesia exports surge in August

    03 October 2017

    While exports of caustic calcined magnesia, dead burned magnesia and fused magnesia surged in August, after a decrease over the summer, the average value per tonne of material exported continued to appreciate as domestic supply constraints feed through to international markets.

  • RHI to restart fused magnesia plant in Norway

    02 October 2017

    The major refractory producer plans to increase fused magnesia production at its Norwegian site as Chinese supply continues to be curtailed by environmental control, pushing prices to record highs.

  • September 2017

    Price briefing 15–21 September

    22 September 2017

    Chinese fused magnesia prices hit all-time high; a ban on sales of explosives propel bauxite prices; brown fused alumina hit two-year high; iodine rises as consumers stock up; lithium prices held firm

  • Chinese fused magnesia prices reach new high

    20 September 2017

    Supply constrains in the Chinese magnesia market on the back of the draconian environmental laws and the uncertainty associated with perceived consolidation has pushed fused magnesia prices to new high.

  • European fused magnesia prices at decade-high

    18 September 2017

    The commodity has reached its highest price levels since 2008.

  • Chinese magnesia market continues to surge

    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.

  • IM's August Price Movements

    07 September 2017

    IM's monthly price movements.

  • Price briefing 25 August – 31 August

    01 September 2017

    European fused magnesia prices surged; antimony trioxide market hit new highs; rising lithium carbonate prices to catch up with hydroxide; lower inventories lift iodine prices

  • August 2017

    European fused magnesia prices grow over 50%

    30 August 2017

    The latest surge in prices follows extreme tightness in availability of material from European producers, and compounds the shortage seen in China.

  • Magnesia prices rise as environmental focus back on Liaoning

    15 August 2017

    Prices of fused magnesia and dead burned magnesia rose again over the past week as the attention of the central government returns to Liaoning, where environmental inspectors found numerous irregularities that local authorities must now rectify.

  • China tax evasion clampdown leads to wave of arrests

    14 August 2017

    Several refractory minerals suppliers alleged to have committed tax evasion have reportedly been arrested in China, with many wary of Beijing’s clampdown on the practice warning that there could be more prosecutions.

  • IM's July Price Movements

    03 August 2017

    IM's monthly price movements.

  • July 2017

    Price briefing 21-27 July

    28 July 2017

    Strict environmental restrictions on production continued to support Chinese magnesia and fused alumina prices; while raw material supply shortage lifts bauxite prices; antimony trioxide increases on consumer restocking; ilmenite prices rebound; Foundry chromite falls; iodine edged higher

  • Chinese magnesia prices exceed 2016 levels

    26 July 2017

    Following weeks of uncertainty surrounding magnesia supply out of China, prices of CCM, DBM and FM material for exports have surged.

  • Magnesia prices continue to rise in China

    17 July 2017

    Turbulence continues in the Chinese magnesia markets with prices of dead burned magnesia following fused magnesia upwards.

  • June 2017

    Price briefing 16-22 June

    23 June 2017

    A severe supply shortage has lifted fused magnesia prices outside of China; Chinese flake graphite grades post uptick; spot chromite prices fall on lack of Chinese buying; baryte holds unchanged despite heavy rain storm temporarily hitting production in China; antimony trioxide prices under pressure; Chinese producers raise rare earth prices again; ilmenite trading activity slumps leading some to speculate that it could be an end to the rise in prices.

  • European fused magnesia prices move up

    21 June 2017

    Lack of material available for export from China has prompted prices of European-produced fused magnesia to increase, while other grades are holding firm.

  • IM's May Price Movements

    07 June 2017

    IM's monthly price movements.

  • May 2017

    Price briefing 19-25 May

    26 May 2017

    Mineral sands producer Iluka raised zircon prices; while ilmenite and rutile prices held firm; China Southern Rare Earth Group Co. unveiled another round of price hike; Magnesia prices unchanged as Chinese government sets new environmental standards; Galaxy Resources complete 2016 offtake spodumene sales

  • Chinese magnesia industry must meet new standards or face shutdown

    26 May 2017

    All magnesia companies in Yingkou city must comply with new environmental standards by 30 September, as part of Beijing’s drive to reduce pollution. Producers which failed to meet the strict environmental standards will be shut down.

  • Price briefing 12-18 May

    19 May 2017

    The ongoing draconian anti-pollution controls in China continue to disrupt production in a number of minerals, which has lifted prices in bauxite and antimony trioxide. Meanwhile, fused magnesia is no longer available in China; producers announced another rare earth price hike; chromite and silicon carbide prices remained stable; and lithium carbonate spot have risen in China again.

  • China Q1 magnesia exports hit record high as values plunge

    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.

  • Chinese magnesia production disruption worsens

    03 May 2017

    Almost all magnesia producers in Haicheng and Dashiqiao are currently shut amid ongoing environmental controls; while European magnesia prices are stable market participants are wary of impact to the market should the situation in China persist.

  • April 2017

    IM's April Price Movements

    27 April 2017

    IM's monthly price movements.

  • Fused magnesia prices increase in China

    12 April 2017

    Intermittent production issues are starting to have an effect on Chinese export prices for fused magnesia, while caustic calcined and dead-burned magnesia are holding for the moment. Meanwhile demand for European material is on the rise, according to market participants.

  • Pricing notice: Magnesia FOB China prices updated online

    05 April 2017

    Please note that due to a technical issue Industrial Minerals' FOB China magnesia prices were not published on 4 April 2017.

  • March 2017

    Price Briefing 10-16 March

    17 March 2017

    Antimony trioxide spot prices spike; magnesia unchanged but supply to remain tight; China-origin soda ash falls.

  • IM in Liaoning: China's magnesia supply set to remain tight until H2

    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.

  • EU magnesia market fails to bow under Chinese pressure

    10 March 2017

    European magnesia prices are holding as the lower offers from China have not generated the sudden knock-on effect that was first feared, while EU producers reported higher demand from customers who cannot source meaningful volumes from China

  • Magnesia supply issues ahead in China, market says

    03 March 2017

    Chinese magnesia market participants believe production stoppages and the resulting supply implications will impact domestic prices as material continues to flow out of the country at lower values due to the lifting of the export quota.

  • January 2017

    Proposed change to a number of IM’s pricing assessment frequency

    25 January 2017

    Industrial Minerals proposes to change the pricing assessments frequency of kaolin, antimony trioxide, chromite and magnesia.

  • Magnesia prices plunge after China scraps export quota

    13 January 2017

    Magnesia prices have fallen in the wake of China removing previously enforced export quotas.

  • Price briefing 30 December - 5 January

    06 January 2017

    Graphite market weighs up scrapping of export taxes; China rare earth prices stable for January; alumina and bauxite supply reportedly tight in China; Chinese DBM, CCM export value drops; Chinese TiO2 producers hike prices again.

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