Chinese DBM exporters cut high-grade offer prices to combat soft demand
By Carrie Shi
Published: Wednesday, 04 September 2019
China’s magnesia market remained under downward pressure due to high stocks and quiet buying from downstream refractory sector.
China’s magnesia market remained under downward
pressure this week after buyers retreated citing sufficient
stocks.
The export price for high-grade dead burned magnesia fell
again due to sellers increasingly lowering offer prices.
Dead burned magnesia prices have not been supported by strict
mining controls in Haicheng, and producers...