TEL:+86-0417-5236888 Set Home | Favorites
home | news | Magnesium | Mg

China's magnesite price shows a falling trend

October 25,2017      views

Editor: Adam Zhang

At present, Dashiqiao government and Haicheng government are integrating mineral resources as well as executing the environment protection policy step by step, which leads to the price of magnesite rose more than 300%.

However, recently, our editor got messages that some small plants used front loaders or CO2 gas cannons to mine illegally so that there are several thousand tons of magnesite inflexing into the market every day, and this problem has lasted for several months.

Adam Zhang, the chief counselor of Northeast Asia Industrial Minerals Exchange, gives his explanations about the price trend prediction: After the 19th National Congress of CPC, the government may lift the ban of explosives, undoubtedly, it will accelerate the falling trend of magnesite price (maybe a drop of 20%-30%)

" of course, with the falling price of magnesite, products price such as magnesia will decrease accordingly.", said Adam.


PREV:Chinese minerals price report: CCM (ball) keeps a stable price as well as a timely delivery
NEXT:The price of flake graphite in Shandong province return into a rational way