China’s magnesia offer prices increase on stronger yuan, bullish sentiment
Published: Wednesday, 21 October 2020
More China’s magnesia producers boosted their export offer prices this week on the stronger yuan and bullish sentiment.
More magnesia exporters raised their offers by $5-10 per
tonne in the past week, supported by the stronger Chinese yuan
against the United States dollar and bullish sentiment on
positive government policy on industry consolidation.
But demand remains slow and few deals concluded at the higher
Fastmarkets’ latest spot...