The "new normal" guides the structural adjustment of magnesium oxide industry, mainly in the following aspects:

1. Overcapacity. In the past, the production of magnesium oxide in China was seriously inadequate, which could not meet the industrial demand. It was necessary to import large quantities of magnesium oxide from abroad. But after entering the 21st century, China's magnesium oxide has entered a stage of great development, especially in recent years, Qinghai, Liaoning and other resource areas have built a large number of magnesium oxide plants, China's magnesium oxide production capacity is seriously excessive.

Second, the impact of exports on the market is growing. Due to the serious overcapacity of domestic magnesium oxide, to digest the surplus capacity, export has become an inevitable choice. Export factors have more and more influence on the magnesium oxide market. If the international market is good and the export volume is large, then the domestic market will probably go well. On the contrary, if the international market is poor, or because of high tariffs and other reasons, the export can not go out, they will be squeezed into the domestic market competition, then the domestic market will not be able to improve.

mgnesium oxide

Reburnt magnesia price

Third, the growth rate of magnesium oxide demand has slowed down, with the possibility of zero growth or decline. Magnesium oxide demand has been far away from the past era of high growth. With the improvement of industrial level and the promotion of urbanization, the speed of industrial transformation and upgrading is accelerated. In the future, the growth rate of magnesium oxide demand will slow down significantly, and there will be zero growth or even decline in some places. Magnesium oxide industry is also in urgent need of transformation and upgrading, accelerating research and production of high-end Magnesium oxide, and shaping the image of high-end Magnesium oxide enterprises.