China’s magnesia export market quiet ahead of holiday; overseas buyers retreat
Published: Wednesday, 03 February 2021
China’s magnesia market was stagnant ahead of China’s Lunar New Year holiday (February 11-17), with buyers in no hurry to purchase more material in anticipation of lower prices post-holiday.
China’s magnesia market saw no signs of life
during the week to Tuesday February 2, with most suppliers not
receiving a single inquiry due to weak demand ahead of the
Lunar New Year holiday.
Some exporters lowered their offer prices slightly to attract
deals, but buyers opted to take a...