Brief analysis of Liaoning magnesia market in November 2024

In November Liaoning region magnesite still continue to tight control, the price also continues to remain high, low-priced ore is difficult to buy, on the other hand, due to the weather is getting cold, as well as the arrival of the heating season, in order to adapt to the changes in the balance of supply and demand of electricity in the winter and spring, the price of electricity up, affecting magnesia cost, so the manufacturers offer followed by an increase in the electrolytic fusion magnesia products rose in the range of about 50-100 yuan/tonne, and other magnesia rose less.

magnesite

At the beginning of the month Anshan City magnesite office issued a “notice on magnesite annual production index control”, to strengthen the management of ore mining, strict control of production capacity, and further promote the stability of ore prices. As of the end of November, Liaoning magnesite prices continue to rise trend, mainly as a result of strict control of ore. First, it protects the resources, secondly, it controls the production capacity, gradually breaks the imbalance between supply and demand, and thirdly, it promotes the transformation and upgrading of the industry. Magnesite market mining excess, overcapacity has been the main cause of the constraints on price increases, so much so that the price of magnesite products is also difficult to return to the scientific rationality, for our entire magnesite industry is very unfavorable, the healthy and high-quality development of the industry needs to be common maintenance and efforts.

In November, Liaoning region magnesia prices generally rise, including electrofusion magnesia rose more, 96 ordinary electrofusion magnesia quoted at yuan / ton, 97 ordinary electrofusion magnesia quoted at yuan / ton, 96 dicalcium electrofusion magnesia price of yuan / ton, 97 dicalcium electrofusion magnesia quoted at yuan / ton. Other magnesia prices also have a small upward adjustment, 92 heavy burning magnesia offer at about yuan / ton, 97 high purity magnesia mainstream market price at yuan / ton. The overall demand of magnesia market is relatively stable, the market is less centralized purchasing, mostly just demand and scattered orders.

Electro Fused Magnesium Oxide
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