• Copper Conc. TC 25%min CIF Chinadown(-3)  07-11|Polysilicon 9N Delivered Chinaup(2)  07-11|Silicon Metal 4-4-1 Delivered Chinaup(300)  07-11|Silicon Metal 4-2-1 Delivered Chinaup(300)  07-11|Molybdenum Scrap Wire 99.95%min Ex-VAT EXW Chinaup(10)  07-11|Erbium Oxide 99.5%min EXW Chinaup(9)  07-11|Antimony Ingot 99.65%min In port Indiaup(140)  07-11|Ferro-silicon 75%min In warehouse Pittsburghdown(-0.03)  07-11|Iron Ore Fine Australian 62%min In port Chinaup(20)  07-11|Dysprosium Oxide 99.5%min EXW Chinaup(45)  07-11|Molybdenum Scrap Cutting 99.95%min Ex-VAT EXW Chinaup(10)  07-11|Iron Ore Fine Australian 62%min CNF Chinaup(2.5)  07-11|Iron Ore Fine Brazilian 65%min In port Chinaup(20)  07-11|Rhenium APR 99.99%min EXW Chinaup(200)  07-11
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    Monthly Chrome Market Report Jun 2019

    2019-07-16 17:59:18   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    In general, ferrochrome prices in Chinese market declined in June. The mainstream steel mills lowered their HC ferrochrome bidding prices for June by RMB350/t (USD50.92/t), which caused great impact on spot market and suppliers had to cut their selling prices.Asian Metal Copyright .Asian Metal Copyright As there was no sign of improvement for terminal demand, most market participants expected the decline of prices in future market and believed that ferrochrome prices would drop under pressure in July.

    This month saw a downward trend of prices for chrome ore in ports. With the decline of ferrochrome prices, smelters intentionally forced the chrome ore prices down with the support of costs.Asian Metal Copyright The mainstream steel mills lowered their HC ferrochrome bidding prices for June by RMB350t USD50.Asian Metal Copyright Besides, inventory in ports was still at a high level.Asian Metal Copyright This month saw a downward trend of prices for chrome ore in ports.Asian Metal Copyright Thus, prices for chrome ore were expected to continue to decline in July.

    .Asian Metal Copyright1Asian Metal Copyright
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