Recently, affected by under supply upriver resource, growing new demand and other more factors, the natural gas appears natural gas shortage carried out nationwide. This shortage of natural gas derives from the “turning coal into gas” and the coming of heating season. Because of it, the natural gas requirements beat market expectations. Meishen’s expert predicts that this situation will continue to the end of heating season in spring. As thus, the magnesium oxide industry is also affected by it. It is reported many magnesium oxide manufacturers have already stopped the production. Therefore, magnesium oxide price will be rise not long after.
After entering 2017, with the development of environmental protection and supply side reform, the supply side shrinks obviously and Meishen’s product price rises a lot. As a professional magnesium oxide manufacturer, the profitability of Meishen increases a lot.
It can improve magnesium oxide manufacturers through upgrading industry, reducing cost and increasing efficiency. As the leading magnesium oxide supplier and manufacturer, Meishen Technology’s leading production technology has cost advantage. The successful R&D and production of high pure magnesium oxide reduce the cost, and promote the growth.