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Magnesia market status: manufacturer's inventory is full

June 26,2019      views

Editor: Lena

    Last week, the magnesia market in Liaoning continued to be weak and the factory inventory was full. First, the output was too large. Second, the price continued to weaken due to the decline in downstream demand, and the overall market turnover was not good. The integration of Haicheng Magnesite Mine has been increasing, but the overall output of Liaoning is still excessive, because in addition to the Haicheng area, there are also magnesium mines in Liaoyang, Dandong, Dashiqiao and other areas, and they are not subject to control and mining.

    It is understood that a number of enterprises in Liaoning are playing a price war, and the price of magnesia continues to decline. Another news said that the Haicheng mine should stop the artillery, environmental protection inspection in the Tengjiao area, do not allow the burning of concentrate concentrate ball to add binder, Liaoyang ore is not allowed to cross the Haicheng transit, so the market situation is not optimistic. Some people say that ore may increase in price, but the inventory of fused magnesia is too large. Therefore, it is expected that the situation in the short term will be more likely to be stable without price reduction, and the probability of price increase is not large.


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