Analysis of the trend of the magnesite demand in China

Magnesite is preponderant mineral resources of China,which is main cosume industry that is steel industry and cement industry.On the background of analyzing the demand of magnesite,the authors use the demand forecasting method of sector by tracking the magnesite industry chain,collecting the development and utilization data of upstream production process and the consumption data of downstream product terminal market,and building the magnesite demand forecasting model which predicts the demand of the magnesite in the future in China.The results show that with the arrival of consumption peak of steel industry and cement industry,China's magnesite consumption will reach the peak which is 25.1 million tons,it will keep a high-level consumption for some time and decline gradually afterwards.