Under circumstance of increasing new magnesium oxide projects, the domestic demand is hard to increase, and the export situation is increasingly severe as well. The magnesium oxide manufacturers and suppliers will usher in the phase of adjustment about three or five years, even a longer time. During this times, maybe the magnesium oxide price will be increase and descend repeatedly. However, on the whole, the magnesium oxide market is gloomy. Most of magnesium oxide enterprises will suffer from the meager profit and loss. Therefore, the magnesium oxide industry enters a hard times. This is the total study and judge for middle and long-run performance of magnesium oxide industry.
The magnesium oxide capacity has been serious surplus and still on the increase. If the domestic demand and export can not increase, the magnesium oxide competition would be more challenging. It is inevitable to face industry reshuffle. Mr.Sun, the president of China Magnesium Salt Association expressed his thought.