China’s magnesia hit by fall in global demand
Published: Monday, 12 October 2020
Global demand for magnesia has fallen significantly due to the impact of the Covid-19 pandemic, with most magnesia prices falling to their lowest levels since before the market rally in 2017.
China’s magnesia prices continued a downward
trend in early 2020, following a consistent decline in 2019,
due to the restrictions put in place to curb the spread of
Covid-19, which affected both domestic and overseas demand in
an already low-priced environment.
Halted production and logistics delays in China had