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Simulation of Supply, Demand and Price Interactions in the Magnesium Market

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International Commodity Market Models and Policy Analysis

Part of the book series: Advanced Studies in Theoretical and Applied Econometrics ((ASTA,volume 13))

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Abstract

Magnesium is the sixth most abundant metal in the earth’s crust. It is found both as an oxide in mineral deposits and in salt water as MgCl2, in concentrations up to almost 0.13 percent. The oceans and brine deposits of the world represent an essentially infinite reservoir of magnesium; each cubic kilometer of sea water contains in excess of 1.3 million metric tons of magnesium. Additionally, magnesium is present in the common minerals magnesite and dolomite, at concentrations of 29 and 13 percent, respectively.

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© 1988 Kluwer Academic Publishers

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Field, F., Bush, J., Clark, J. (1988). Simulation of Supply, Demand and Price Interactions in the Magnesium Market. In: Guvenen, O. (eds) International Commodity Market Models and Policy Analysis. Advanced Studies in Theoretical and Applied Econometrics, vol 13. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-1167-3_6

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  • DOI: https://doi.org/10.1007/978-94-009-1167-3_6

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-7019-5

  • Online ISBN: 978-94-009-1167-3

  • eBook Packages: Springer Book Archive

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