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Turkish chrome ore market stays put for now

2018-03-06 08:14:02  【Print】
BEIJING (Asian Metal) 6 Mar 18 - The Turkish chrome ore market has remained unchanged as liquidity in the market remains steady. Mainstream prices for Turkish chrome ore concentrate 46%min sit around USD270-275/t FOB Turkey, stable from last week.Asian Metal Copyright "I do not expect the demand to show much improvement now.Asian Metal Copyright Consumer interest has remained flat with traders not willing to pay higher than necessary.Asian Metal Copyright It is expected that unless demand significantly picks up, prices will remain flat over the coming week.Asian Metal Copyright It is expected that unless demand significantly picks up, prices will remain flat over the coming week.

A trader in Turkey disclosed that he quotes Turkish chrome ore concentrate 46%min at USD275/t FOB Turkey and he refuses to accept any prices lower than USD270/t FOB Turkey, unmoved from last week. He last sold 500t of chrome ore concentrate 46%min at USD270/t FOB Turkey late last week.Asian Metal Copyright The miner, with a production capacity of 80,000tpy for chrome ore, expects to produce 3,000t in March, stable from February, holding no stock now.Asian Metal Copyright "The demand keeps steady and transaction volume keeps firm.Asian Metal Copyright The trader, with a regular monthly trading volume of 2,000t, sold 1,500t in February and expects to sell 2,000t in March, holding 1,000t in stock on hand now.Asian Metal Copyright I think the prices will remain stable next week in the stable market," said the trader.

The trader, with a regular monthly trading volume of 2,000t, sold 1,500t in February and expects to sell 2,000t in March, holding 1,000t in stock on hand now.

A miner in Turkey claimed that his quotation Turkish chrome ore concentrate 46%min at USD270/t FOB Turkey without bargaining room, unchanged from late last week. The sources last sold 1,000t of chrome ore concentrate 46%min at USD270/t FOB Turkey early this week.Asian Metal Copyright "The demand keeps steady and transaction volume keeps firm.Asian Metal Copyright "I do not expect the demand to show much improvement now.Asian Metal Copyright The miner, with a production capacity of 80,000tpy for chrome ore, expects to produce 3,000t in March, stable from February, holding no stock now.Asian Metal Copyright I think the market remains stable with steady demand," said the miner, who is of the opinion that the prices will little change next week.

The miner, with a production capacity of 80,000tpy for chrome ore, expects to produce 3,000t in March, stable from February, holding no stock now.

.Asian Metal Copyright I think the market remains stable with steady demand," said the miner, who is of the opinion that the prices will little change next week.Asian Metal Copyright