Chinese magnesite export tight
Published: Thursday, 02 April 2009
Magnesite exports for H2 2009 could be cancelled if H1 2009 licences are not used
Traders have warned that the supply of magnesite from China could tighten over the coming months as Chinese export authorities look set to reduce export allocations for the second half of the year.
It is understood that the Chinese authorities had earmarked export licenses for approximately 1.1m. tonnes of...