Higher costs to lift magnesia prices, producer says

By Albert Li
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 truckload volume...

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