Industry concerned over China’s magnesia quota affair
By Albert Li, Davide Ghilotti
Published: Thursday, 01 December 2016
The magnesia industry is at a loss as to what the cancellation of the export quota system in place until this year in China will mean for business, as many fear international supply could increase and instigate price cuts.
Market participants were taken by surprise by
China’s elimination of the export quota system for
magnesia products and are concerned about how this be reflected
in market prices for the commodity, as some Chinese sellers
have reported cases of order cancellations from customers.
As the Chinese government did not...