Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America: In the third quarter of 2023, the market performance of  Magnesium Powder  in North America took a diverse trajectory. Magnesium Oxide prices witnessed a general decline, albeit with a slight increase noted in September 2023. Conversely, Magnesium Stearate displayed an overall positive outlook but concluded September 2023 on a pessimistic note. Examining Magnesium Oxide, regional market demand remained low until mid-Q3, with a slight improvement observed in September 2023. In contrast, the Upstream market witnessed consistent price hikes for Magnesium Chloride until the end of Q3, despite excess feedstock availability among merchants and industrialists. Regarding Magnesium Stearate, off-takes in pharmaceuticals, cosmetics, and other industrial sectors increased compared to the previous quarter. The inventory restocking efforts of large firms slowed down the rate of inventory reduction, leading to surplus inventory in August ...