Chinese magnesia prices rise as government clings to quota system

By Albert Li IM analyst, Shanghai, Laura Syrett
Published: Monday, 29 September 2014

Busy purchasing period coupled with an increase in the export licence fee pushes up costs

Prices for Chinese refractory magnesia grades are on the rise, market participants have informed IM.

One US-based source who has direct dealings with Chinese suppliers said that “prices are going up; luckily, we got all of our barges filled ahead of the increases, which saved us a lot of money”....

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