China’s magnesia prices extend downtrend on weak demand
Published: Wednesday, 06 November 2019
China’s magnesia market extended its downward trend this week due to a lack of downstream demand in both the domestic and overseas markets.
Most producers in China lowered their prices to boost sales,
but downstream buyers had no immediate needs, sources said, so
remained cautious about buying due to the possibility that
prices could fall further.
The self-imposed three-month halt to magnesite mining in the
Haicheng region of Liaoning province - imposed by...