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Fused magnesia still firm

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Published: Tuesday, 10 August 2010

Further rises possible in the second half of 2010 as Chinese prices stabilise

Chinese fused magnesia prices are holding firm in Q3 and have risen slightly for some grades, market sources told IM.

Prices rose sharply in June as the H1 licences for exports were in short supply before the new licence round in early July.

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