12th Rare Earth Summit
May 27-28, 2021
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 20-21, 2021
Hangzhou, Zhejiang, China
9th Magnesium Summit
April 15-16, 2021
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
March 25-26, 2021
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
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May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
6th World Manganese & Selenium Forum
May 21-22, 2018
Hainan Sanya, China
Monthly Chrome Market Report Oct 2020
2020-11-12 17:54:06 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Chinese HC ferrochrome prices edged down in October following up with declining prices of raw material chrome ore; Chinese LC ferrochrome prices also edged down. However, supported by lower exchanged rate of USD to RMB, export prices of Chinese LC ferrochrome were firm. In addition, silicochromium prices were flat this month.
In October, Chinese chrome metal sellers raised prices slightly in view of higher cost resulted from rising prices of chromic salt. FOB prices of chrome metal were firm since sellers had strong willingness to maintain prices in spite of sparse exports.
This month, Chinese chrome ore sellers cut offers for sales due to limited transactions, so prices of South African and Turkish chrome ore in Chinese ports both trended down. Late this month, prices of South African chrome ore picked up a little stimulated by the news about export tax. Although overseas sellers kept prices firm, downstream buyers placed orders cautiously, leaving flat CIF China prices for chrome ore.
.
Chinese HC ferrochrome prices edged down in October following up with declining prices of raw material chrome ore; Chinese LC ferrochrome prices also edged down. However, supported by lower exchanged rate of USD to RMB, export prices of Chinese LC ferrochrome were firm. In addition, silicochromium prices were flat this month.
In October, Chinese chrome metal sellers raised prices slightly in view of higher cost resulted from rising prices of chromic salt. FOB prices of chrome metal were firm since sellers had strong willingness to maintain prices in spite of sparse exports.
This month, Chinese chrome ore sellers cut offers for sales due to limited transactions, so prices of South African and Turkish chrome ore in Chinese ports both trended down. Late this month, prices of South African chrome ore picked up a little stimulated by the news about export tax. Although overseas sellers kept prices firm, downstream buyers placed orders cautiously, leaving flat CIF China prices for chrome ore.
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