Chinese magnesia export prices rangebound on global drop in demand

By Carrie Shi
Published: Wednesday, 15 April 2020

China’s magnesia prices were mostly rangebound in the week to Tuesday April 14, with export orders from overseas buyers being scarce because of the effects of the Covid-19 pandemic.

The prices asked for exports of China-origin magnesia were mostly reported at current trading levels this week, although the market remained under pressure. Demand was diminished both by the slowdown in business as a result of the Covid-19 infection and by a sufficiency of stock.

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