China’s magnesia prices soften amid heavy snow, Covid-19 resurgence

By Carrie Shi
Published: Wednesday, 10 November 2021

China’s magnesia prices have softened on falling production costs amid the availability of cheaper coal and increasing supply, though logistics in the country have slowed down due to heavy snow and a rising number of Covid-19 cases in parts of the country, sources told Fastmarkets.

Fastmarkets' price assessment for magnesia, calcined, 90-92% MgO, fob China was $220-270 per tonne on Tuesday November 9, widening downward by $10 per tonne from $230-270 per tonne a week earlier.

Fastmarkets' assessment of the spot price for magnesia, dead burned, 90% MgO, lump, fob China was $300-330 per tonne...

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