In the realm of North American markets, particularly within the United States, the Excipients sector is poised for notable development, especially concerning Magnesium Powder, both in its Oxide and Stearate grades. The landscape anticipates a sustained uptrend in prices, reflecting current market dynamics and evolving economic factors. Animal feed formulations, as a source of magnesium essential for the health and well-being of livestock, are expected to witness a continuous rise in downstream consumption of Magnesium Oxide, helping to prevent magnesium deficiency-related disorders in animals such as grass tetany in cattle.
The market&#xx;s trajectory is significantly influenced by a surge in inquiries for Magnesium Powder originating from downstream industries across the region, coupled with supply disruptions from exporting nations. The enduring influence of the Lunar New Year and Spring Festival season in China throughout February has brought about temporary economic slowdowns, particularly affecting sectors such as retail, manufacturing,...
