13 December 2021
Fastmarkets opened a consultation on Monday November 8, inviting feedback on its pricing methodology for industrial minerals, in line with our annual methodology review process.
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.
08 November 2021
Fastmarkets is inviting feedback from the industry on its pricing methodology for industrial minerals, as part of its announced annual methodology review process.
05 November 2021
China’s Liaoning province was to stop its regime of power cuts and allow power supplies to return to normal from 8pm Beijing time on Friday November 5. The production of fused magnesia would also be able to return to normal, sources told Fastmarkets.
04 November 2021
The upward trend in China's fused magnesia prices has slowed in anticipation of increased supplies after a partial resumption of production in Liaoning province.
25 October 2021
A summary of China’s refractory raw materials exports in September 2021.
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.
14 October 2021
Liaoning province in China has imposed strict power cuts and set up alternating periods of operation among fused magnesia producers in October, which has pushed the prices for fused magnesia to a two-year high and could further tighten the supply if the power cuts policy continues, market sources have told Fastmarkets.
01 October 2021
China's power-consumption limits have resulted in production halts at some refractory raw material plants across the country. Magnesia production in Liaoning and graphite production in Heilongjiang have been greatly affected, causing supply to tighten and prices to rise, market sources told Fastmarkets.
09 September 2021
Export prices for China-origin caustic calcined magnesia and dead burned magnesia have increased because of higher production costs and a strict regime of environmental regulations, Fastmarkets has heard.
02 September 2021
The local government in the city of Anshan, in China’s Liaoning province, has pushed forward its plan for the consolidation of the magnesite industry in Haicheng and Xiuyan, and was expected to eliminate 26 awards of magnesite mining rights, according to official news on Thursday September 2.
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.
01 July 2021
China’s magnesia export prices were largely unchanged due to thin buying activity in the market, with high freight rates and slow global logistics continuing to curb overseas demand.
17 June 2021
China’s magnesia export prices were mostly steady and demand showed no improvement on the week to Tuesday June 15, while the local government in Liaoning province reaffirmed its consolidation plan for the magnesite industry and continued to push this forward.
20 May 2021
Chinese magnesia prices held steady on Tuesday May 18 due to thin buying activity, while market participants are keeping a watchful eye on new Covid-19 infections reported in Bayuquan district in Yingkou city, Liaoning province, which could affect magnesia deliveries through Bayuquan ports.
13 May 2021
China’s magnesia market has been mostly steady since the Labor Day holiday, May 1-5, with most producers retaining their current prices. With the ending of inspections in Liaoning by the central government, more production was expected to resume this month.
08 April 2021
Strict enforcement of environmental regulations in China's Liaoning province production hub has led to supply tightness and higher offer prices for caustic calcined magnesia (CCM), sources said this week.
03 February 2021
China’s magnesia market was stagnant ahead of China’s Lunar New Year holiday (February 11-17), with buyers in no hurry to purchase more material in anticipation of lower prices post-holiday.
20 January 2021
China’s overall magnesia market was slow over the week to Tuesday January 19 with prices unchanged amid poor end-user demand, while producers started to lower offer prices for some grades of magnesia, sources said.
06 January 2021
China’s magnesia export market has remained quiet, with few new deals reported this week because most market participants were just back from New Year holidays, although market sentiment remained upbeat due to tight supply.