Chinese magnesia prices stable in quiet market; logistics delays still a factor

By Carrie Shi
Published: Wednesday, 11 August 2021

China’s magnesia export prices were broadly stable in the week to Tuesday August 10, with little market activity and only a few deals booked, while higher freight fees continued to create delays in global logistics.

Fastmarkets’ price assessment for magnesia, calcined, 90-92% MgO, fob China, was $180-210 per tonne on Tuesday, unchanged from the previous week.

It was unlikely that caustic calcined magnesia prices would fall further considering the costs of production and the expected environmental inspections through the rest of this year, with the...

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