About the introduction of magnesia

The market price of magnesia this week has only slightly changed compared with last week. It is not like the skyrocketing of the previous two weeks, and the current stage of re-burned magnesia still has a downward trend. Now it is almost close to the end of the year, and the content of magnesia is not ideal now, so the volume of magnesia market is scarce, and the price is temporarily stable at high prices. There are several factors leading to this result: 97 fused magnesia

1. Policy impact. The Haicheng city government's prohibition on mining has brought unprecedented pressure to enterprises. The shortage of raw materials is an important factor in the rise of magnesia prices at this stage, so relevant policies may be introduced in a while.

2. Environmental protection tax law. The official launch of the environmental protection tax on January 1, 2018 has also brought pressure to companies. The addition of a new environmental tax is equivalent to increasing the cost of the company and indirectly maintaining the high price of the product.

3. Downstream companies. According to refractory materials, the key downstream companies are steel mills, cement and other industries. Since 2017, these companies have been in the capacity reduction stage, so the demand for upstream companies' products has also decreased accordingly. If the conditions of these downstream companies improve in 2018, it will undoubtedly be good news for the refractory industry.

According to the market changes at this stage, East Magnesium Trading believes that if the development continues, the price of magnesia will relatively maintain a relatively high and stable state in the near future, and the possibility of a sharp rise and fall is very small.

If you have any questions about magnesia-related information, you can call the number left on the website to contact us.