Sluggish buying weighs on China’s magnesia prices
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...