Magnesium Oxide Industry Writes a New Chapter

   In 2016, the upward trend of chemical industry surprised people, especially the magnesium oxide industry. Therefore, how about the presentation of magnesium oxide in 2017?

   Compared with the upward trend two years ago, the magnesium oxide price in 2015 is show a contrary trend in 2016. Especially the beginning of 2016, the rising price broke the hope of investor and consumer again and again. In 2017, the presentation of magnesium oxide still  extends the before trend. In these increasing, it is found that it has reason little by little. With the coming of the fourth quarter’s environmental protection policy, the production of downstream enterprises were suppressed. However, it hasn't been waved in the end of the 2016. The rising of raw material brings magnesium oxide an outstanding performance in 2017.  

   With the industrial reforming promotion and the deepening of supply-side structural reform, strictly controlling environmental protection should be an irresistable trend. It will exert a  significant influence for the management of chemical industry. From beginning of the year, magnesium oxide industry started to produce. However, it the downstream enterprises are expected to put back on production a week later. Therefore, the magnesium oxide manufacturers pay more attention to deal with reserve inventory. For the magnesium oxide manufacturers, the high price of upstream raw material gives some pressure to the procurement. At the same time, magnesium oxide’s downstream is facing the same situation. So, the magnesium oxide price brings to the downstream pressure in the short run.

   Through comprehensive analysis, Hebei Meishen Technology Co., Ltd expects, it has a higher possibility to rise in price in the first quarter of 2017. At the same time, the magnesium oxide maintains the price in the mid-March. After this time, maybe the magnesium oxide manufacturers will just price reasonably. So, please save time purchase!