FOCUS: Chinese magnesia prices fall to new four-year low as Covid-19 dulls global demand

By Carrie Shi
Published: Monday, 07 September 2020

Global demand for magnesia has been cut back by the Covid-19 pandemic, with most magnesia prices falling to their lowest levels since before the market rally in 2017.

The price of magnesia in China continued on a downward trend entering 2020, following the consistent decline through 2019, because the outbreak of the Covid-19 pandemic in early 2020 affected both domestic and overseas demand in an already low-priced environment.

The magnesia market was static in early February, with production...

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