China’s magnesia export market quiet ahead of holiday; overseas buyers retreat

By Carrie Shi
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...

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