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Magnesia market review last week

August 28,2019      views

Magnesia market review last week

Editor:Lena


Market review of last week


Fused magnesia


The transaction price of 97 fused magnesia market has been significantly lower than before, but it is still at a high level of 6200-6300 yuan/ton. At present, the magnesium oxide content of most 97 fused magnesia in the market is generally low. According to visiting customers, such as Jinding Group The price of a large manufacturer of 97 fused magnesia remained at a high of 7,500 yuan / ton, and no price adjustment. East Magnesium Trading believes that the price of fused magnesia will drop somewhat in the near future, but now the market price is temporarily stable at a high price.


Burnt magnesia


Most of the burnt magnesia manufacturers in Dashiqiao maintained production this week, and some manufacturers have started to adjust prices. The market price has already dropped slightly. The overall market is mainly to stabilize customer transactions. This week, the local 92 burnt magnesia in Dashiqiao has no significant change since last week. The ex-factory tax price is kept at 2300-2500 yuan/ton, while the 96.5 high-purity magnesia remains at 7,000 yuan/ton. NAMME visited the company and learned that the market price will remain stable in the near future.


Light-burned magnesia


This week, light-burned magnesia manufacturers are mostly limited by a shortage of ore supply, and the main direction of environmental monitoring also includes light-burned magnesium. The ex-factory price of light burned magnesia is about 1,400 yuan/ton. NAMME believes that light-burned magnesia market will maintain stability and will not change much in the next week.


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