China's magnesia exports surge in August
Published: Tuesday, 03 October 2017
While exports of caustic calcined magnesia, dead burned magnesia and fused magnesia surged in August, after a decrease over the summer, the average value per tonne of material exported continued to appreciate as domestic supply constraints feed through to international markets.
Caustic calcined magnesia (CCM) export volumes reached
75,518 tonnes in August, up 98.8% year-on-year (y-o-y) and 57%
month-on-month (m-o-m) respectively, according to China Customs
The average value per tonne of CCM exported was
$159.78/tonne, down 18% y-o-y but compared with the lowest
point in this May which...