In consideration of our country might be increase interest rates, the magnesium oxide remains relatively empty as a whole under the influence of monetary policy. However, the chance is existing. In this year, under the support of some policy, the high purity magnesium oxide and some other products still has space to rise.
Some products’ price expressed stable in the last year, however, it is likely to rise, the magnesium oxide is one of these products. With the increasingly export volume, the magnesium oxide prices still has space to rise. The operating rate of magnesium oxide’s downstream industry will sharp increase. Now, the increase of domestic magnesium oxide capacity is slow. The industrial chain will express relatively calm. By the end of last year, this year is likely to bottomed.
Now, there is likely to present the chance of wave band and impulse type, the possibility of rise continuous is relatively smaller. Therefore, the traffickers’ operative difficulty index will more difficult than last year. Under the influence of crude oil’s high price and the increasingly production cost, the pressure will larger than the last year.
Meishen Technology will pay more attention to the transformation and upgrading of high-end magnesium oxide. In order to sccupy high-end market, it grapes opportunity and enlarge the market capacity. It is expected that Meishen Technology will stock market successfully in 2018. As thus, it is the largest magnesium oxide production base in the world.