According to the statistics of the Customs, China import 1,015,670 tons chrome ores in Apr., up by 17% month on month

This week the South African chrome ores future price rose by USD5-10/mt while the spot price increased by RMB0.5-1/mtu.

On the 11th China Ferro-alloys International Conference, Cao Wenquan, the China Chief Representative of Yildirim Group said, the chrome ores price would turn firm from Q3, 2014.

On basis of the present supply and the strike situation, the SA Cr ores would continue to stay firm.

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

According to the statistics, China imported 867.6thousand tons chrome ores in Mar.

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

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.