Fused magnesia prices rise as currency fluctuates

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Published: Monday, 08 November 2010

Price hikes of $100-200/tonne to hit buyers as cost of export licences spiral

Prices for Chinese fused magnesia are rising fast, mostly on the back of higher export licence quotations but also in part due to the fluctuating exchange rate between the US dollar and the Chinese renminbi.

 

The most striking thing about the prices is the sudden jump, but also the...

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