China’s magnesia prices down on increasing stocks
Published: Wednesday, 27 February 2019
China’s domestic magnesia prices began a downtrend amid increasing stocks and thin buying activity, while exporters decreased prices by a small range but downstream buyers had no immediate need and are waiting for lower prices.
China’s domestic magnesia prices fell due to
most producers lowering offer prices to boost sales on
increasing stocks and quiet demand from downstream refractory
producers. Export prices also dipped following lower domestic
Dead-burned magnesia (DBM) prices moved down by around 200
yuan ($29.85) per tonne this week, especially for...