The magnesium carbonate industry is facing a new situation of reshuffling

　　China has now become the world's largest producer of magnesium carbonate, and while the production capacity is growing rapidly, the magnesium carbonate industry is also facing a reshuffle. Magnesium carbonate is an important fine chemical intermediate, widely used in pharmaceutical food, rubber, chemical additives and other fields. Its most important downstream consumer products are rubber and plastic products, accounting for more than 50% of the total consumption, playing a pivotal role in the international market.

　　The pace of magnesium carbonate exports must be accelerated, and there is still room for development of the potential for international market demand. In terms of exports, we should start from two aspects: First, actively expand foreign customers who purchase magnesium carbonate to balance the domestic market demand. In recent years, the demand for magnesium carbonate in foreign countries has grown steadily, and China has gradually become the main force in the international market, and orders for purchases from China are also increasing. Therefore, continuing to expand international demand is the main task of enterprises this year. The second is to use exports to directly drive the domestic magnesium carbonate market and digest excess capacity. It shows that magnesium carbonate still needs to increase development efforts in the international market to expand greater export space.

　　The comprehensive operating rate of domestic magnesium carbonate manufacturers is not high. In addition to market factors such as sales prices, the rapid expansion of production capacity and the inability to keep up with downstream demand in time are still the main reasons why enterprises cannot effectively improve the operating rate. In addition, because magnesium carbonate is a chemical product, the enterprise production and operation license is stricter, resulting in some domestic manufacturers have stopped production, once again there is an imbalance between regions, and the future domestic production enterprises are facing the test of reshuffling.

　　With the development and popularization of low-carbon economy, chemical enterprises should convert their products to clean processes and produce high-quality products to enter the high-end market. Magnesium carbonate is used in the pharmaceutical and food industries, and more attention should be paid to the improvement of the grade of products, changing the impression that foreign customers have listed Chinese magnesium carbonate products as low-end products in the past. Only by improving the quality and developing high-end fine products can enterprises change the situation of big but not strong.