Magnesia pricing news

• October 2017

  Price Briefing: 20-26 October

  27 October 2017

  Iodine price hits 15-month high after CPHI; TiO2 market holds firm while paint producers lift prices; Ilmenite market stalls, rutile tightens; chemical chromite slows down; European fused magnesia on the up again.

• European fused magnesia market continues surge higher

  25 October 2017

  Availability of fused magnesia is tight, which is a factor driving prices higher. The dependence on graphite electrodes in the FM production process is contributing to this upward price trend.

• UniteCR ’17: Andalusite supply contracts expected to be shorter, costlier

  12 October 2017

  Market patterns governing andalusite trade are expected to change next year, as suppliers say they will seek shorter contracts amid a situation of high demand and limited output.

• European fused magnesia prices rise further

  11 October 2017

  Spot prices of fused magnesia material in Europe have risen by up to $400/tonne on average as Chinese FM grades also appreciated after the Golden Week holiday.

• Chinese fused magnesia prices extend rally after holidays

  10 October 2017

  Prices are rising, but a shortage of feedstocks is limiting gains for producers.

• Price briefing 29 September – 5 October

  06 October 2017

  With China shut for the golden week holiday between 1-8 October, business across many industrial minerals remained very quiet. But environmental restrictions in the country continue to disrupt production in many minerals. Graphite prices in Europe spike amid output crimp and rising demand; Fused alumina producing region in Henan province have enforced mass shutdowns from November onwards; and with the draconian anti-pollution measures and related shutdowns showing no sign of abating, a number of buyers are also anticipating higher raw material costs in 2018.

• UniteCR ’17: Buyers brace for higher raw material prices in '18

  05 October 2017

  Several consumers of refractory minerals gathered in Santiago told IM they are certain that “everything will appreciate” next year as shortage of materials will trigger higher contract prices.

• China's magnesia exports surge in August

  03 October 2017

  While exports of caustic calcined magnesia, dead burned magnesia and fused magnesia surged in August, after a decrease over the summer, the average value per tonne of material exported continued to appreciate as domestic supply constraints feed through to international markets.

• RHI to restart fused magnesia plant in Norway

  02 October 2017

  The major refractory producer plans to increase fused magnesia production at its Norwegian site as Chinese supply continues to be curtailed by environmental control, pushing prices to record highs.