Higher costs to lift magnesia prices, producer says
Published: Tuesday, 18 October 2016
Chinese-origin magnesia prices could rise as a result of higher costs due to new regulations on maximum truckload volumes, but some doubt buyers would accept the increases.
Spot prices for Chinese-origin magnesia could increase by
$20/tonne in the next few months due to rising raw material and
transportation cost, producer Liaoning Hongyu Refractories
Group told IM during an industrial event in
Yingkou, China between 25-28 September.
The Chinese ministry of transportation cut the maximum