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