China’s magnesia hit by fall in global demand

By Sybil Pan
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 added...

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