China magnesia prices fall on thin trading, sufficient stocks

By Carrie Shi
Published: Wednesday, 04 March 2020

China’s magnesia market declined over the week to March 3 on weak buyer appetite and sufficient stocks despite current higher transportation costs amid the coronavirus (2019-nCoV ) outbreak.

China’s magnesia prices remain under downward pressure this week, with more producers lowering prices to boost sales in a flat market. Downstream buying demand is yet to pick up greatly with sufficient existing magnesia stocks and some production yet to resume and most participants in need of purchasing on an immediate...

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