Magnesium Powder Price Trend and Forecast - Delhi

During Q3 of 2022, Magnesium Powder Pricing for both Magnesium Stearate and Magnesium Oxide decreased in the North American region. Magnesium Oxide prices decreased from $457/mt to $420/mt from July to September, while Magnesium Stearate prices dropped from $3130/mt to $2830/mt. Due to the heat wave and power shortage, numerous production facilities in China were forced to close during H2 of Q3, and various manufacturing plants went under maintenance, which had a detrimental impact on US trade for Magnesium Powder. Many businesses and industries in the US blamed a variety of problems for the decline in demand, including the long-term effects of high inflation, supply constraints, high-interest rates, and increased uncertainty about the direction of the economy.

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