Chinese magnesia “fire sale” about to end
Published: Tuesday, 01 November 2011
UNITECR: buyers enjoy autumn of bargain prices as exporters rush to use up quotas
Chinese magnesia has experienced an unusual period of low
price levels this autumn as exporters and traders have rushed
to sell their official 2011 export quotas of the material.
Failure to secure sales of a magnesia export quota, and
declare such to MOFTEC before 31 November, will see exporters