Is the current price of high-purity magnesia stable?

Haicheng City has banned the export of magnesia, and will soon implement high-quality and high-purity magnesia in Haicheng for deep processing, extending the industrial chain, and realizing higher value of resources. However, the amount of magnesia abroad is small and the turnover period is long. Resource companies are eager to see, and the inventory crisis is basically unsolvable. 97 fused magnesia

In June, the high-purity magnesia market in Liaoning was weak and stable. The guaranteed 97 high-purity magnesia was 1900-2150 yuan/ton, and the 96.5 high-purity magnesia was 1800-2050 yuan/ton. Ex-factory tax included. Some companies’ quotations were lowered per ton from the previous month. Around 50 yuan.

The price of high-purity magnesia in the previous period continued to decline and has fallen to the market level of 2017. Most companies said that the overall order volume in the first half of the year has been at a low level, focusing on maintaining regular customers. It is relatively difficult to find new cooperation. Manufacturers have a negative mentality and production is interrupted. Although the domestic epidemic situation has improved significantly, the total market demand at home and abroad is still difficult to release.

From July 1st, Anshan, Yingkou, and Liaoyang will stop the distribution of explosives and ban open-pit mining. Affected by this, high-purity magnesia may usher in positive factors and accelerate inventory consumption, but whether the actual price can stabilize or stop falling depends on the market's ability to demand products. If the overseas epidemic does not alleviate and demand does not improve, there will be follow-up In order to survive and develop, enterprises lowered prices to sell high-purity magnesia, driving the overall downward trend of the market.

High-grade magnesia has been reduced with the continuous exploitation of resources. In addition, explosives have not been issued for nearly half a year, and mechanical operations have not been allowed. The shortage of high-grade magnesia has led to the shortage of 97 high-purity magnesia and fused magnesia. As the grade decreases, 96.1 grade magnesia has been sold as 97 magnesia. In spite of the decline in grades, what is even worse is that the supply is still insufficient and prices are soaring.