China magnesia prices drift down; talks start on magnesite mining halt
Published: Wednesday, 10 June 2020
China’s magnesia market fell in the week to Tuesday June 9, with lower prices heard in the spot market due to fiercer competition between producers and weak downstream buying, while talks on a new round of stops to magnesite mining in Liaoning province have started, market participants said.
China’s magnesia market declined due to
sufficient stocks and unimproved downstream buying, with most
magnesia export prices decreasing by $10-20 per tonne following
the domestic downturn and to attract more deals, sources
Fastmarkets' latest spot prices for magnesia, dead burned,
90% MgO, lump, fob China was $140-170...