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/Metal Magnesium Market 2021 Global Industry Size, Share, Business Growth, Revenue|US Magnesium, International Magnesium Group, China Magnesium Corporation, Tongxiang Magnesium, Yinguang Magnesium Industry, etc Metal Magnesium Market 2021 Global Industry Size, Share, Business Growth, Revenue|US Magnesium, International Magnesium Group, China Magnesium Corporation, Tongxiang Magnesium, Yinguang Magnesium Industry, etc pratibhaMay 23, 2021 Latest research on Global Metal Magnesium Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Metal Magnesium market. this report included a special section on the ....
- MEG futures EG2105 contract broke 5,900yuan/mt and spot price stood around 6,400yuan/mt, leaving spot/futures spread at quite high level. With the rapid increase in MEG price, coal-based MEG cash flow also improved. After the China market returned from Chinese New Year holidays on February 18, coal chemical producers were active to run at high rate. Coal-based MEG cash flow improved despite rising coal prices. For a 200kt/year unit, the cash flow would reach around 1,700-1,750yuan/mt recently. (The cost here includes freight rate and discount, excludes depreciation and financial expenses.) Inner Mongolia Tongliao GEM Chemical shut its 300kt/year coal-based MEG unit on February 26 for around one week maintenance. Xinhang Energy has restarted its 100kt/year line of its 400kt/year coal-based unit days earlier than original plan. Operating rate of coal-based MEG units was around 64.9% on Feb 25, up 6.1% from the pre-holiday level of 58.8%. ....