Editor: Lena
In 2017, the Anshan Municipal Party Committee and Government issued the "Anshan Magnesium Industry Innovation and Development Implementation Plan" to increase mine integration and environmental protection. The company's efficiency increased significantly, the supply of magnesite products exceeded demand, and the price of magnesia in Liaoning soared beyond the rational range. In 2018, due to the profit-seeking effect, production capacity increased sharply and the problem of supply shortage was solved, but at the same time, inventory surged and prices declined. In 2019, approximately 3 million tons of flotation production lines were newly added in Liaoning. Overcapacity gradually appeared, coupled with the decline in demand for high-temperature industries such as steel and cement, leading to a gradual fall in magnesia prices. In 2020, affected by overcapacity and the new crown pneumonia epidemic in the early stage, the export of upstream and downstream magnesia and magnesium products will be blocked, the sales of enterprises will be poor, and the inventory backlog will result in a significant decline in the growth rate of output and added value compared with the same period. The turning point appeared at the end of September. The stocking period in October came, and domestic and foreign demand gradually increased, and prices gradually increased. From a tentative rise of around 50 yuan/ton in September, to a rapid rise in October and November, and then to the present day. Prices have started a skyrocketing model.
Recently, the price of magnesia in Liaoning has been rising rapidly. Manufacturers’ quotations have risen steadily. In the first half of December, they have risen by 500-1000 yuan/ton, and manufacturers have very few stocks in their hands, or even out of stock, leading to one quotation per day. In this way, it will increase almost every day, and only accept cash and a small amount of acceptance. The price is determined by the time the customer is paid, and the price is negotiated in real time. The seller's market has the advantage. At present, the price of 92 heavy burned magnesia including tax is 1700 yuan/ton, the price of 95 mid-range magnesia including tax is about 2400 yuan/ton, and the tax price of 97 high-purity magnesia is about 3400 yuan/ton, which is enough for 96 fused magnesia. The tax quotation is about 3300 yuan/ton, the price of 97 fused magnesia including tax is about 4100 yuan/ton, and the quotation of 98 fused magnesia including tax is about 4800 yuan/ton. The price is still rising and changes frequently , This price is for reference only.