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Chrome Ores Stock Level Remain Low in China (May.5th-May.9th)
On basis of the present supply and the strike situation, the SA Cr ores would continue to stay firm. |
Chrome Industry in China was Complex
Now the chrome industry of China faced complex situation, as the rainy season was coming and the FeCr enterprises had to start operation. While most of the discontinued manufactures had no stock and the enterprises with normal production |
China Chrome Ores Import up in Mar.
According to the statistics, China imported 867.6thousand tons chrome ores in Mar. |
South African Cr Ores Price Increased-China (Apr.14th-Apr.18th)
The strike in SA had already last for a long time, while the stalemate was not changed by now. The Cr ores supply had already surged, and even though the strike was over, the exploration need some time to recover |
Decreasing Stock Supporting the Chrome Ores Price-China
Under the circumstance of poor purchasing and meager profit, ferrochrome and chrome ores traders were cautious for the preparation of the raw materials and most of them deal with among their old customers. |
Chrome ores market turned steady due to the holiday (Jan. 20th-Jan.24th)
This week more enterprises in Hunan, Sichuan and Guizhou areas stop production, resulting in fewer purchasing of chrome ores. Adding to the tighter transport and the adequate stock in factors, the trading decreased. |
Chrome ores price would be stable for lack of purchasing support (Jan.13th—Jan. 17th)
This week the chrome ores market kept stable while the trading volume was not much. The spot price was listed as below: 42% South African concentrates at Lianyun port was RMB26.5-27/mtu, 44% South African |
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