Chinese magnesia prices firm

Published: Monday, 05 July 2010

Tightness to continue into Q3 as market price of licences increases

The higher prices seen for fused magnesia in the second quarter seem here to stay as we head into Q3, market sources told IM.

The bidding round for export licences in China was completed on Friday and bidding results are due to be revealed by the Chinese Chamber of Commerce...

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