Analysis of market operation of light burnt magnesia in October 2013

I. Mainstream market price of magnesia

In October, the average price of 85# light burnt magnesia in Haicheng was 539 yuan/ton (including tax price), which was the same as last month; the average price of 95# medium-grade magnesia was 1188 yuan/ton (including tax price), which had no obvious change compared with last month; the average price of 97# fused magnesia was 255 yuan/ton (including tax price). The average quotation of 85# light burnt magnesia in Dashiqiao area is 528 yuan/ton (including tax price), which is the same as last month; the average quotation of 95# medium-grade magnesia is 1190 yuan/ton (including tax price), which has no obvious change compared with last month; the average quotation of 97# fused magnesia is 270 yuan/ton (including tax price).

In October, the quotations of light burnt magnesia products in Haicheng and Dashiqiao areas were unchanged compared with last month, without exception. With the decreasing temperature, the complex and changeable weather affects the downstream terminal customer demand. Winter is approaching, in order to catch up with the progress of work insurance is the main source of demand at present. With the downstream demand decreasing or even stagnating, price fluctuation conditions are expected to continue to stabilize.

II. Export of magnesia

According to customs data, China exported 19539 tons of light burnt magnesia in October 2013, with an export value of $4393.23 million. Export volume decreased by 28.66% year on year and 3.9% year on year. Exports of heavy burnt magnesia were 32934.858 tons, down 33.47% over the same period, 24.17% over the same period, and the export value was 10.0149 million US dollars. The export volume of fused magnesia is 17751.35 tons and the export amount is 10.796 million US dollars. Compared with the same period, the export volume has decreased by 0.6% and 40.08% annually.