China’s magnesia prices rangebound on low liquidity; global logistics remain slow
Published: Thursday, 01 July 2021
China’s magnesia export prices were largely unchanged due to thin buying activity in the market, with high freight rates and slow global logistics continuing to curb overseas demand.
Thin liquidity in the export market left
China’s magnesia export prices stable, and most
overseas buyers haven’t placed any further orders
yet, sources told Fastmarkets.
Fastmarkets' price assessment for magnesia, calcined, 90-92%
MgO, fob China was at $190-210 per tonne on Tuesday June 29,
unchanged since March 30.