The new normal "guiding the structural adjustment of Magnesium Oxide industry is mainly reflected in the following aspects:

First, 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.

Two, exports have more and more influence on the market. 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.

magnesium oxide

Three, Magnesium Oxide's demand growth is slowing down, and there may be zero growth or decrease. 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.