Prediction
Japan’s Ferroalloys Import up by 12% Y-O-Y in H1 of 2014
According to the statistics of Japan Customs, Japan’s ferroalloy export volume was 21061 mt in Jun 2014, down by 5.8% M-O-M and up by 23.7% Y-O-Y. |
China EMM Market was still Peaceful (July28th –August1st)
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EMM market in China was generally stable last week. In the manganese triangle area, mainstream ex-work price of manganese flake stayed around RMB 12500-12700/mt (USD2016-2048/mt). |
HC FeCr Tender Price Totally Declined in Chinese Market (Jul.28th-Aug.1st)
In Aug., the FeCr benchmark price was further cut down by RMB50/mt for large supply. And the suppliers had already reduced their ex-works price. |
Ni Ores Trading Stalemated for Big Price Gap-China (Jul.28th-Aug.1st)
At the end of July, the nickel ores trading was still not optimistic as the buyers in Chinese market tried to pressure the price while the sellers held the price for rise. |
Low FeNi might Further Declined for weak Demand-China (Jul.28th-Aug.1st)
In recent two months, the high FeNi operating rates was low and meanwhile many producers held the stock. However, the total supply in Chinese market was still high, and the main reason was that many steel mills cut down the purchasing volume. |
Cr Ores Futures Suffered Resistance to Rise-China (Jul.28th-Aug.1st)
This week both the spot and futures of Cr ores kept stable and the stock at Chinese main ports maintained low level. Affected by the high FeCr operating rate in North areas, |
Chinese Calcium Silicon Export in Widened Price Gap
Chinese calcium silicon market kept stable in August. Meanwhile, the calcium silicon export market in China was still depressed with widened price gap. |
Chinese FeV Price Kept Steady, While Overseas FeV Edged Up (Jul 28th –Aug 1st)
[Ferro-Alloys.com] Chinese FeV Price kept steady. In late month, the new round of tenders of mills started. |
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