China’s magnesia prices rangebound, but concerns grow over impact of coronavirus on global demand

By Carrie Shi
Published: Wednesday, 18 March 2020

China’s magnesia prices remained largely rangebound this week on concerns about the potential impact of the novel coronavirus (2019-nCoV) on global demand.

Producers cut their prices in early March to secure business and generate cashflow to stimulate the market.

China’s magnesia export prices were mostly stable levels this week, sources told Fastmarkets, although prices remained under pressure from eager producers in a hurry to sell. 

Fastmarkets' latest spot price assessment...

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