Magnesia prices plunge after China scraps export quota

By Albert Li, Davide Ghilotti
Published: Friday, 13 January 2017

Magnesia prices have fallen in the wake of China removing previously enforced export quotas.

Prices for magnesia in China have decreased substantially over the past week as the market adjusts following the cancellation of the export quota system.

While some estimated that the cancellation of the quota fee and resource tax would reduce prices by about RMB300/tonne ($40*), prices for some grades of magnesia...

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