Chinese fused magnesia prices rise further amid power cuts

By Carrie Shi, Sofia Okun
Published: Friday, 22 October 2021

The power cuts policy in China’s Liaoning province, the production hub for magnesia, has led to persistently tight supply and higher offer prices for fused magnesia (FM). And more overseas buyers were showing enthusiasm for magnesia from other origins, sources said this week.

Most fused magnesia producers in China have not yet returned to normal production, with the regional government in Liaoning continuing the power cuts policy in the province. Some producers which still had material on hand continued to push up their offers, but offers were withheld by others which ran out...

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