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February 2017 China's Magnesia export volume grew 48.8% year-on-year

June 06,2017      views

According to the latest statistics of the Chinese customs, the export of Magnesia in February 2017 about 110,000 tons, the chain fell 41.5%, year-on-year growth of 48.8%.

In January, China's magnesia export quotas and tariffs were lifted and exports were not restricted. But at the beginning of January, the relevant policy is not clear, the price of the decline is also uncertain, the market is mostly inquiry, deal is not obvious. However, after entering the middle, the contract reached, export market began to become active, magnesia export volume rose sharply. And in January, the domestic price of Magnesia showed a rising trend, foreign buyers stock means more strong, so January, the volume of magnesia exports rose sharply. However, after entering the February, China's region to carry out a large-scale environmental inspection, the domestic production of serious production, serious shortage of manufacturers, domestic prices are also continuing to rise, foreign customer procurement difficulties, February export volume fell sharply.

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