Prediction
Chrome Ore Prices Remained Strong as Stock Fell (Aug 22-Aug 26)
[Ferro-Alloys.com]Impoted chrome ore prices and China's port chrome ore prices surged despite the stock increased. Spot price of Iranian origin chrome ore lumpy 40-42% is RMB47-48/mtu, |
China's FeCr Market Overview on Aug 26
[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. |
FeCr Prices Remained Stable(Aug 22-Aug 26)
[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, |
China's Chrome Ore Market Overview on Aug 26
[Ferro-Alloys.com]Spot prices and futures prices of chrome ores remained strong. South Africa concentrate 40-42% at RMB32-33/mtu, |
China's Chrome Ore Market Overview on Aug 24
[Ferro-Alloys.com]Chrome ore spot prices and futures prices continued to rise, even though tender prices of high-carbon ferrochrome dipped again following July. |
China's FeCr Market Overview on Aug 24
[Ferro-Alloys.com]China's high-carbon ferrochrome prices mixed when tender prices from steel mill fell and chrome ore prices kept surging, and some producers raised their prices; |
EMM Price Increases Sequentially in This Week(August 15th-August 19th)
In a word, EMM supplies tight in market, merchants couldn’t buy spot goods, so producers continue to raise the price. EMM price may keep stable even continue to go up until the end of this month. |
China's FeCr Market Overview on Aug 22
[Ferro-Alloys.com]Some high-carbon ferrochrome producers lowered their prices after August saw a decline in the tender prices, however, some producers increased their prices due to the previous surge in chrome ore prices and the tight supply. |
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