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February 2017 the export volume of burnt magnesia in China decreased by 36.6%

June 06,2017      views

According to the latest statistics of the Chinese customs, February 2017 China exports heavy burning magnesia about 60,000 tons, the chain fell 36.6%, year-on-year growth of 123%.

January China burned Magnesia quotas and tariffs, export prices fell sharply, and in January China burned magnesia prices continued to rise, domestic transactions active, rapid decline in market inventories. Foreign customers worried that the subsequent China's heavy burning of magnesia prices will increase the price of offshore, coupled with the Chinese New year will come, foreign customers also need to reserve inventory, so a large number of procurement of burnt Magnesia. Some domestic large-scale heavy-burned Magnesia manufacturers reserve a large number of processed small grain size inventory, domestic demand is small, take advantage of this opportunity to throw goods. This has led to a sharp rise in China's export of burnt magnesia in January. February China entered the Lunar New Year holiday, the heavy burning of Magnesia market stalled stage, until late February, the domestic logistics market gradually recovered. The heavy burning Magnesia export quantity receives the serious limit, then together with the domestic environmental protection inspection strict, the factory holds the goods reluctant. Downstream of foreign customers procurement relatively calm, so in February, China's heavy-burning magnesia export volume fell sharply.

February, China's heavy burning magnesia exported to Japan about 13000 tons, the chain fell 35%, exported to the United States 10000 tons, the chain fell 64.8%, exports of the Netherlands 5600 tons, the chain fell 36.9%, exported to South Korea 5300 tons, the chain fell 69%.

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