Sluggish sales weigh on China’s magnesia export prices
Published: Friday, 24 August 2018
Chinese magnesia export prices fell on sluggish trade and the lower value of the yuan against the dollar, while stockpiles gradually increased despite the ongoing mining restrictions.
Weak demand continued to weigh on the Chinese magnesia
export market this week, with producers lowering magnesia
export prices following the recent lower exchange rate of the
yuan against the dollar.
Dead burned magnesia (DBM) and fused magnesia (FM) prices
all showed a downtrend this week on sporadic buying and...