How about the price trend of magnesium oxide

The price of magnesium oxide continues to fluctuate, making a lot of customers cautious when purchase. They worry about substantially increasing their costs. Now we need to analyze the factors affecting the price.

Upstream products
Magnesium oxide is mainly used in the rubber and the electronics industry, but influenced by the economic crisis and the management of environmental protection and other factors, the development of these two industries goes slow, related raw materials industries are also be impacted in a large degree. So last year, many factories appear be shut down and exit the market , only few magnesium oxide enterprises hardly continue in business.

Operating rate
According to the news, the operating rate of many magnesium oxide manufacturers is lower, generally it can only achieve about 80% of the normal. The user's inventory is different, the supply and demand situation is also different. So the production of magnesium oxide manufacturers is not stable.

Policy support
Policy supports determines the price trend of magnesium oxide market. If policy is loose, the downstream industries of the tires, wire and cable, glass fiber reinforced plastic and rubber will have modest increases in order volume.

Hebei Meishen chemical technology Group Co.,Ltd provides you with the latest prices trend of magnesium oxide market. And we are one of the largest manufacturer in China, can custom magnesium oxide, magnesium sulfate, magnesium carbonate products only for you and guarantee the quality of export products.