The ecological storm has not yet ended, and the price of magnesia has fallen. What are the geometric reasons behind it?
Publication time:
2023-10-13
Liaoning Province has the largest reserves of magnesium ore resources in the country, with magnesium refractory materials covering steel. High temperature furnace building materials account for 60% of the domestic market and 40% of the international market. However, since 2017, the environmental storm in Liaoning has never stopped, causing sustained fluctuations in the prices of durable materials such as magnesia, leading to a recent decline in magnesia prices? What will the price of magnesium be in the future?
Liaoning Province has the largest reserves of magnesium ore resources in the country, with magnesium refractory materials covering steel. High temperature furnace building materials account for 60% of the domestic market and 40% of the international market. However, since 2017, the environmental storm in Liaoning has never stopped, causing sustained fluctuations in the prices of durable materials such as magnesia, leading to a recent decline in magnesia prices? What will the price of magnesium be in the future?
In terms of raw materials: Before 2017, in order to control the export of magnesium raw materials, customs must inspect magnesium products and related ores. Therefore, enterprises have added goods that require inspection, transportation, sampling, and inspection, thereby increasing their export costs. After the cancellation of export quotas and magnesium export tariffs in 2017, the review did not cancel, resulting in some unnecessary costs. Before December 27, 2018, the Liaoning Nonmetallic Mining Association held a symposium on the import and export of magnesia in Liaoning Province, providing answers to the issue of canceling customs controls on magnesium oxide content and pointing out that the possibility of cancellation is very high. Therefore, the lifting of customs controls on magnesium products is imminent and will greatly reduce the costs for export enterprises, which will also be a huge advantage for export enterprises.
Согласно данным об импорте магниевого песка из - за рубежа за 2017 и 2018 годы, зарубежное магниевое сырье начинает постепенно выходить на китайский рынок. Далянь, Даньдун и другие места имеют часть импорта, самым большим из которых является район Инкоу. Это явление начало постепенно влиять на абсолютное превосходство магниевого песка в Ляонине в Китае, теряя часть своей доли на рынке. Достижение в конце 2017 года намерения о сотрудничестве между гендиректором "Росмагния" и японским Mitsui является еще одним подтверждением высокого спроса на высококачественные продукты из магнезита на международном рынке. Г - н Одегов, генеральный директор "Росмагния", сказал, что в настоящее время конкуренция на международном рынке довольно жесткая, экологическая остановка производства магниевого песка в Китае и другие последствия привели к резкому сокращению поставок на международный рынок, но международный спрос всегда был сильным. Поэтому все готовы воспользоваться этим моментом времени, чтобы захватить долю международного рынка.
As of the second half of 2018, many companies have reported a decrease in orders. Realizing the seriousness of the shape, after ecological restoration in recent years, the integration of the Haicheng magnesium mine has achieved fruitful results. It is reported that the government will release explosives in the first half of this year. The spread of explosives has led to a decline in the price of magnesia in Liaoning Province, but according to a report in the "Little News", only a few companies currently accept gunpowder insurance and have not yet started widespread distribution of gunpowder for mining. Moreover, although mineral production has resumed, mining costs will also significantly increase compared to 2017 under environmental pressure. And this part of the cost will be added to the production cost, so although the magnesium price will return, it will not return to the 2017 price and is expected to operate at a more reasonable price.