Chinese magnesia become more competitive in Europe as demand flatlines
Published: Thursday, 23 July 2020
The range widened for the fused magnesia price in Europe on Tuesday July 21, as Chinese material became even cheaper while material from producers in the Eastern Mediterranean held steady.
The price of
magnesia, fused, 97% MgO, cif Europe fell to $550-700 per
tonne on Tuesday, from $580-700 per tonne a month earlier, and
$950-1,100 in July 2019.
The widening of the price range reflected cheaper offers
from China, while sellers in...