Sluggish buying weighs on China’s magnesia prices

By Carrie Shi
Published: Wednesday, 24 April 2019

The price of fused magnesia (FM) and high-grade dead-burned magnesia (DBM) in China fell on inactive downstream demand and sufficient stocks, while more magnesia producers halt output following financial pressure from a sluggish market.

China’s magnesia market remained stagnant over the past week due to sufficient stocks and slow buying activity from the downstream refractory sector. FM and high-grade DBM prices moved down further while producers lowered prices to boost cash flow in a quiet market.

China’s FM market was in a mess and...

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