China’s fused magnesia prices edge down on increasing stocks

By Carrie Shi
Published: Wednesday, 20 March 2019

China’s fused magnesia market remained stagnant on increasing stocks and slow downstream demand, with export prices staying soft following the weaker domestic market.

China’s magnesia market remained on a downtrend due to sufficient stocks and weak downstream demand, especially for fused magnesia. Export prices were soft with lower prices existing on the spot market.

Sources told Fastmarkets IM that most fused magnesia producers had lowered their prices to boost cashflow to maintain...

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