China magnesia market softens as supply increases; Dashiqiao releases latest consolidation plan
Published: Thursday, 10 March 2022
China’s magnesia market softened in the two weeks to Thursday March 10, with supply increasing after production was resumed in late February, and sellers lowering their prices to test the market. Separately, authorities in the city of Dashiqiao have released their latest consolidation plan for the local magnesite sector.
China’s domestic magnesia prices have remained
soft, with more producers reducing their offer prices to
attract deals after production began again from February 21.
Magnesia export prices have stabilized due...