China’s magnesia prices steady on slow demand; restrictions remain at Bayuquan port amid Covid-19 cases

By Carrie Shi
Published: Thursday, 20 May 2021

Chinese magnesia prices held steady on Tuesday May 18 due to thin buying activity, while market participants are keeping a watchful eye on new Covid-19 infections reported in Bayuquan district in Yingkou city, Liaoning province, which could affect magnesia deliveries through Bayuquan ports.

Fastmarkets assessed the magnesia, fused, 97% MgO, Ca:Si 2:1, lump, fob China price at $550-630 per tonne and the magnesia, fused, 98% MgO, lump, fob China price at $620-700 per tonne on Tuesday, both unchanged from a week ago.

China’s magnesia prices have been steady since the start of the...

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