Chinese magnesia shortage boosts prices; market eyes Covid-19 resurgence in Dalian

By Carrie Shi
Published: Wednesday, 23 December 2020

Most China’s magnesia prices rose further on Tuesday December 22 due to a shortage of availability, while market participants are keeping a watchful eye on new cases of Covid-19 infections reported in Dalian, Liaoning province, that could affect magnesia delivery through Dalian ports.

Fastmarkets assessed the magnesia, dead burned, 97.5% MgO, lump, fob China price at $380-450 per tonne on Tuesday, up from $330-370 per tonne in the previous week.

Similarly, Fastmarkets' magnesia, fused, 97% MgO, Ca:Si 2:1, lump, fob China price rose to $550-630 per tonne on Tuesday from $500-580 per tonne...

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