Inspection of environmental protection has been one of the keywords of magnesium oxide market in 2017. During this year, the government supervised and examined 4 batches of environmental protection inspectors. Until now, it has achieved all standing. In addition, in order to achieve the set goal of Air Pollution Prevention Action Plan, after entering Autumn and Winter, ministry of environmental protection arranged two batches of environmental protection supervises and examines. It is divided into two phases and spends for 140 days.
With the tougher inspection of environmental protection, it is limited for the operation of some magnesium oxide enterprise with high pollution and high energy consumption. The supply side tights the magnesium oxide price. Take the pharmaceutical grade magnesium oxide as example, it is the biggest rises from this year, since the October, the price is still rising.
Because of environmental protection supervise and examine, the operation of some magnesium oxide decreased a lot. The supply cuts down, it brings rising price. In addition, the installed load of some downstream manufacturers is higher, such as rubber, medicine, food and so on. The increasingly market requirement supports the rising magnesium oxide price.