Fused magnesia prices seriously polarized in China

Dec 08,2017
Market prices of fused magnesia in China have diverged in November on different grades and specifications.
Due to tightly controlled magnesite mining, fused and dead burned magnesia producers have been trying every means to obtain similar ore as the raw materials, therefore it becomes common for inadequate content of MgO on the market, in particular for higher grades of fused magnesia and dead burned magnesia.
Ex-works prices of fused magnesia with adequate MgO have been staying firm since mid-September, and are generally over RMB 1,000/t higher than that of inadequate content, whose price is relatively stable in November after a modest decline last month.
At present, most producers have been occupied by orders before Chinese lunar new year, with some even till next March.