Mixed messages from magnesia market over plunging prices
Published: Friday, 01 November 2019
Producers, consumers, and traders of magnesia debated the causes of a rapid drop in the prices of the refractory material and the prospect of further price falls at the annual Colloquium of Refractories held in Aachen, Germany, on September 25-26.
- Mixed picture of price sentiment
- 2020 looks bullish
- Chinese supply curtailment
Magnesia prices have tumbled since the highs
reached in early 2018, succumbing to pressure from the
widespread stock build-up in the preceding bull market.
Fastmarkets’ price assessment for magnesia,
fused, 97% MgO, Ca:Si 1:1, lump, fob China, was...