Chinese magnesia export prices rangebound on global drop in demand
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.
Fastmarkets’ latest assessment of the...