China’s magnesia producers keep operating rates low amid poor demand

By Carrie Shi
Published: Thursday, 04 June 2020

Lower rates of operation and a new round of environmental inspection in Liaoning province failed to support China’s magnesia market, with sufficient stocks and slow downstream buying keeping prices constrained.

Many magnesia producers in Liaoning province - China's magnesia production hub - have reduced their operational rates by more than 50% since the middle of May due to quiet downstream demand caused by Covid-19 restrictions, which has led to a sluggish and oversupplied market. 

But while the Covid-19 outbreak is clearly...

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