[Ferro-Alloys.com]Molybdenum oxide prices were unchanged Wednesday as market participants continued to keep hold of stocks in anticipation of demand from consumers at higher prices.

In July, 2016, about 23 countries imported EMM from China, about 26,639.9mt, fell by 17% M-o-M, and the export amount was about 41,152,788U.S.dollars.

The operating rate of Chinese silicon manganese enterprises was 64% in this week, up by 1% week on week. It is estimated that the price of Chinese silicon manganese products will drop slowly in consideration of the high price of upstream manganese ore.

[Ferro-Alloys.com]Spot prices and futures prices of chrome ores remained strong. South Africa concentrate 40-42% at RMB32-33/mtu,

[Ferro-Alloys.com]China's ferrochrome prices remained stable, waiting for the new tender prices from stainless steel mills. China's monthly imported ferrochrome totals around 0.3 million tonnes in both June and July,

[Ferro-Alloys.com]China's ferrochrome market remained stable with balanced supply and demand. However, the chrome ore prices continued to rise, which would pull up the ferrochrome in the coming weeks. China's imported ferrochrome created history high in July,

[Ferro-Alloys.com]Spot prices and futures prices of chrome ores remained strong. South Africa concentrate 40-42% at RMB32-33/mtu,

[Ferro-Alloys.com]According to China Customs data, China's imported ferrochrome in July totals more than 0.34 million tonnes, hitting record high, which results in the continuous decline in the tender prices from stainless steel mills.