Recently, affected by environmental pressure, some manufacturers are limited to produce. What’s more, the export and order situation is sufficient. And some other factors lead to the rising magnesium oxide price.
At present, the polarization of magnesium oxide market is very obvious. The order situation of some large-scale magnesium oxide manufacturers is good. And they have little inventory pressure. Because of the brand, product quality and other problems, the small scale enterprises have higher inventory pressure.
In the January and February of this year, magnesium oxide price has already rose. However, the rise price of this time is the first time to rise price after the off season. In the future, it remains to be observed whether it will rise price or not. If the environmental pressure continuously affects market supply, the magnesium oxide price would rise. Otherwise, the upward momentum is lacking.
Since the environmental inspectors in June, some middle and small-sized enterprises are under attack. Under the environmental pressure, how to face the environmental pressure becomes an important question. Therefore, transformation and upgrading is necessary for all the magnesium oxide manufacturers and supplier.