PRICING NOTICE: Proposal to launch new dead burned magnesia price

By William Clarke
Published: Friday, 22 February 2019

Fastmarkets proposes new dead burned magnesia price.

Fastmarkets IM proposes to launch a new dead burned magnesia price under the following name:

  • Magnesia, dead burned, 95-96% MgO, lump, FOB Europe, $/tonne

This price is being proposed in response to market demand for a new price to reflect rising demand for European dead burned magnesia.

Initial market feedback has suggested that refractory buyers are increasingly interested in dead burned magnesia from Europe. A number of magnesia producers report that they are planning to launch or ramp up production of dead burned magnesia in response to this growing demand.

Fastmarkets now invites wider market consultation on its proposal to launch this price. Subject to the results of the consultation, the European dead burned magnesia price will be assessed monthly on the third Tuesday of each month.

The consultation period for these proposed launch will end on April 15, with changes taking place from April 16.

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to these prices, please contact William Clarke by email at:  pricing@fastmarkets.com. Please add the subject heading FAO: William Clarke, re: European dead burned magnesia.

To see all Fastmarkets pricing methodology and specification documents go to  https://www.indmin.com/Methodology.html



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