Big Five Factors of Rise in Magnesium Oxide Price

Just entered the May, the magnesium oxide industry turns on the grow mode again. On average, the total amount of magnesium oxide increase has already been to fifty percent. Therefore, what are the big five factors of rise in magnesium oxide price.

In the first place, the foreign magnesium oxide suppliers and manufacturers rise in price on their own initiative. It creates more profit margin for the export of Chinese magnesium oxide manufacturers. At present, because of the foreign increased prices and the export-first policy, the price should be lower. Therefore, the export powder will be stronger.

In the next place, many domestic enterprises running under their production capacity. At present, a number of domestic magnesium oxide manufacturers and suppliers are suffering from stress of capital, cost, environmental protection and other factors. They are obliged to reduce the output. Only do it can control the cost.

In the domestic, the customers are afraid of increased price. A few months ago, there are many customers did not stock up the magnesium oxide. Because it is less inventory in the warehouse. At the very start, the customers waited for falling in price. As a result, the magnesium oxide price rises again on the contrary. In addition to the developed network, some network medias, such as Wechat, enlarge this rise. Some customers start to purchase it. These push the increased price of magnesium oxide.

The raw material is one of the pushing hands to rise the price. Before the increased price, some raw material manufacturers and suppliers have already raised price.

The last one is the unprecedented formidable environmental protection strict. A large number of magnesium oxide manufacturers and suppliers have been closed down. A lot of capacity has been influenced. You can imagine that the government pays attention to the environmental regulation.

The Ministry of Environmental Protection starts to renovate the environmental protection again. A large number of working teams inspects the environmental protection again. Thus it can be seen the influence from environmental protection to chemical industry won’t be less than the last year.

So to speak, this rise is not original idea from magnesium oxide manufacturers but the result of composite factors. Therefore, please purchase it as soon as possible.

Hebei Meishen Technology Co., Ltd is the professional magnesium oxide supplier and manufacturer.