China’s fused magnesia export price hits two-year low
Published: Wednesday, 05 June 2019
China’s fused magnesia market has continued its downward trend in response to increasing stocks and weakening demand from the downstream refractory sector, pushing prices down to a two-year low.
Increasing stocks and weak demand continued to weigh on
China’s fused magnesia market this week. Most
producers lowered prices to boost sales and cash flow in a flat
market leaving fused magnesia prices at their lowest level in
nearly two years.
Fused magnesia prices have been on a downtrend since...