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Mid-range magnesia market operation

2021-03-04 10:01:01
Times

The export volume of mid-range magnesia fell to varying degrees in the same and month-on-month terms. The short-term centralized procurement of supplies in the international market has come to an end. The price of fused magnesia fell in the European market and the U.S. market fell into a deadlock again, both of which contributed to the sharp decline in the export market. By convention, the fourth quarter is the peak season for magnesia exports. From the current market situation, it is unlikely that the magnesia export market in 2013 will be booming. Light burnt magnesia powder


In terms of average export price, the average export price in October was US$360.18/ton, which was US$14.43/ton higher than that in October 2012. Compared with September, the decline is more than 20 yuan/ton. The average export price dropped sharply again after the unexpected surge last month. Without the support of actual demand, the price-cutting transaction may reappear again.


3. Outlook


Although this month's building materials and home furnishing index hit a new high this year, the growth rate has obviously weakened. As the temperature gradually decreases, the traditional off-season of the building materials industry has arrived. It is understood that many building materials companies in Shandong, Hebei and other places have stopped working, leading to upstream raw material production. Enterprises are gradually turning down. At present, the operating rate of light burned magnesia kilns in Haicheng area has dropped to about 60%. It is expected that the entire light burned magnesia market will gradually weaken in the next two months, and a new round of stocking will begin around the Spring Festival.

98电熔镁砂

In November, with the increase in environmental protection rectification and year-end overhaul of steel mills, demand for refractory materials declined this month. The demand and inventory of the steel industry have strong seasonal changes. From the end of the year to the Spring Festival, procurement usually slows down or even stagnates. As a result, the demand for magnesia is directly affected. In addition, the increase in the ratio of direct supply from steel mills to production companies and the direct sales strategy of steel traders have also made the "winter storage" that has been deserted in recent years even more deserted this year. Steel plants have no production plans, and the market demand for magnesia. It is difficult to make a big improvement. On the other hand, with the reform of the production structure, it is expected that the requirements for refractory materials will continue to increase with the improvement of product quality in the future. In other words, the quality requirements for magnesia are getting higher and higher. It is expected that the advantages of high-purity magnesia will become more obvious in the future, and the current production situation is difficult to meet the market demand. Therefore, the author recommends that manufacturers make detailed plans for the production situation in the coming year during the rest period at the end of the year.


International markets, European and American markets continue to be weak, and demand is limited. In addition, the competition in the magnesia market has become increasingly fierce, and the competitive advantages of domestic magnesia products are limited. According to the export data in October, it is not difficult to see that the start of the fourth quarter of the export market was not as expected. Although the average export price was higher than the same period last year, the export volume dropped sharply. As the end of the year is about to come, it may be difficult for an export market lacking favorable conditions to support, and the international steel market is showing signs of fatigue.

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