European magnesia prices firm in new contracts

By Davide Ghilotti
Published: Tuesday, 23 January 2018

Deals for fused magnesia in Europe are being set at higher prices in the early part of the year, amid tightness and low availability in the market, with the price pressure also affecting agricultural caustic calcined products.

European prices for fused magnesia (FM) are likely to remain firm during the early part of this year with the underlying drivers of demand remaining largely unchanged after a surge in 2017 market prices.

While the latest prices for European FM have shown a slight decline compared with the spot...

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