Monthly Magnesia Market Report Mar 2024
2024-04-15 08:32:03 【Print】
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1.Market Highlights
Owing to the magnesite mining restriction policies, most miners hold back from selling and increased the prices.
Despite the increased magnesite prices, most producers of caustic calcined magnesia 85%min and 90%min still lowered their prices due to the decreased coal prices and weak market demand. But most caustic calcined magnesia 97%min producers slightly raised their prices with no inventory pressure.
Based on reduced supply and increased prices of magnesite, most producers raised their prices of dead burned magnesia 95%min, 96.5%min and 97%min to cover increased production cost but hold the prices of 90%min stable to keep stable sales.
Supported by increased magnesite prices, most producers of fused magnesia 97%min and H-Ca fused magnesia lifted their prices to cover the increased production cost but slightly lowered their prices to compete for orders.
Owing to the magnesite mining restriction policies, most miners hold back from selling and increased the prices.
Despite the increased magnesite prices, most producers of caustic calcined magnesia 85%min and 90%min still lowered their prices due to the decreased coal prices and weak market demand. But most caustic calcined magnesia 97%min producers slightly raised their prices with no inventory pressure.
Based on reduced supply and increased prices of magnesite, most producers raised their prices of dead burned magnesia 95%min, 96.5%min and 97%min to cover increased production cost but hold the prices of 90%min stable to keep stable sales.
Supported by increased magnesite prices, most producers of fused magnesia 97%min and H-Ca fused magnesia lifted their prices to cover the increased production cost but slightly lowered their prices to compete for orders.
