Monthly Chrome Market Report Apr 2020
2020-05-13 13:39:10 【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.
Please contact us for a subscription.
1. Market Highlights
This month, prices for raw material chrome ore increased affected by the pandemic in South Africa. Supported by high production cost, prices for HC ferrochrome, silicochromium and LC ferrochrome showed an uptrend.
As downstream demand was soft, chrome metal producers lowered their prices for sales promotion due to inventory pressure. Thus, chrome metal prices edged down this month. FOB China prices for chrome metal edged down due to weak overseas demand.
This month, shored up by tight supply of overseas chrome ore, chrome ore sellers in Chinese ports kept their prices firm and prices for chrome ore in ports moved up; overseas sellers raised their quotations, CIF China prices for chrome ore rose.
This month, prices for raw material chrome ore increased affected by the pandemic in South Africa. Supported by high production cost, prices for HC ferrochrome, silicochromium and LC ferrochrome showed an uptrend.
As downstream demand was soft, chrome metal producers lowered their prices for sales promotion due to inventory pressure. Thus, chrome metal prices edged down this month. FOB China prices for chrome metal edged down due to weak overseas demand.
This month, shored up by tight supply of overseas chrome ore, chrome ore sellers in Chinese ports kept their prices firm and prices for chrome ore in ports moved up; overseas sellers raised their quotations, CIF China prices for chrome ore rose.
