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Chinese Cr Ores Stock Trend in the First Seven Months of 2014
Over the same period, Cr ores stock at Chinese main ports constantly recorded low. At the end of July, the total stock had decreased to 2.1million tons, decreasing by 22.2% than that of early Jan.. |
Chinese Ferrochrome Market Hard to Recover in August for Adequate Supply (Jul.21st-Jul.25th)
This week the South African Cr ores spot declined by RMB0.5/mt while others stayed firm. On July, 25th, the total stock was 2.1million tons, hitting a record low once again while the whole trading was not well. Despite of the poor condition of the spot, the fu... |
Cr Ores Imports of China in June Increased
In June 2014, China imported 786.9 thousand tons chrome ores, rising by 14.87% month on mon |
Cr Ore Transaction was Not Good in China (July14th-July18th)
As overall operation of FeCr manufacturers was bad, Cr ore transaction was bad. In spot market, chrome ore from South Africa with Cr 40-42% was RMB29.5-31.5/mtu |
Cr Ores Futures Price Rose while the Spot Remain Stable-China (July7th-July11th)
This week the prices of spot chrome ore kept stable as follows chrome ore from South Africa with Cr 40-42% at RMB29.5-31.5/mtu while Cr 44% at RMB31.5-32.5/mtu |
Chrome Market Expected to Softened Continuously in July (Jun 30th-Jul 4th)
In July, most of the Chinese stainless steel mills cut the bidding price for ferrochrome and also altered the payment items about the payment cycle, which impelled ferrochrome producers to hesitate for chrome ore purchase. However, the stockpiles on the Chines... |
South African Cr Ores Price would be Firm due to the Tight Supply-China (Jun.23rd-Jun. 27th)
This week the South African chrome ores concentrates future price rose slightly while other mines stayed stable. As the downstream demand was not well, the traders were cautious for the imports. In the first 5 months, the total chrome ores imports were 4.23mil... |
Transaction of Chrome Ores Was Inactive, SA Price in High Levels (June 9th-13th)
FeCr price dropped by RMB50/mtu in June. Considering the high costs pressure, suppliers had to reduce the storage for raw materials. The transaction of chrome ore was not that active. |
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