First Quarter of 2023 in Asia- Pacific Magnesium Powder Prices Online - Noida

The Magnesium Powder Prices demonstrates a mixed market trend for Magnesium Oxide hearse, a decremented trajectory for Magnesium Stearate throughout the first quarter of 2023. However, prices inclined in January due to healthy domestic demand with limited stocks among the market participants. Besides this, consumer demand showed a weaker trend even if the market trend remained on the upper side as February approached, which caused local suppliers and traders to concentrate on placing orders in line with necessities. Also, the decrease in upstream Stearic Acid and oleic acid prices further supported the declining market trend for Magnesium Stearate until the end of the first quarter of 2023. However, improvement in trade activity somewhat supported the positive price trend in the market for Magnesium oxide until the very end of March. Overall, the cost of Magnesium Powder in the United States during the month of March was constructed at USD 440/MT for Magnesium Oxide and USD 2140/MT for Magnesium Stearate.

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