Chrome Market Report January 2015

In January, Chinese ferrochrome market kept quiet and prices held at a low level.Asian Metal Copyright Some small users started to make purchase on spot material in late January, so chrome ore prices increased marginally with the tight supply at that time.Asian Metal Copyright Many producers left the market before still had no intention to resume production in the near term, so high carbon ferrochrome market saw tight supply in the month.Asian Metal Copyright Moreover, to ensure the production during the holiday, many end users made purchase on this material in advance or even increased purchase volume, which also pushed the price moving up.Asian Metal Copyright Meanwhile, demand for low carbon ferrochrome was relatively strong, so prices increased marginally in the middle of January.Asian Metal Copyright Meanwhile, demand for low carbon ferrochrome was relatively strong, so prices increased marginally in the middle of January.Asian Metal Copyright Moreover, to ensure the production during the holiday, many end users made purchase on this material in advance or even increased purchase volume, which also pushed the price moving up.

Many downstream users made purchase in advance for the consumption during the Spring Festival holiday, but most of them mainly cooperated with the miners, so there were few purchase activities on the spot market. Some small users started to make purchase on spot material in late January, so chrome ore prices increased marginally with the tight supply at that time.
.Asian Metal Copyright Many downstream users made purchase in advance for the consumption during the Spring Festival holiday, but most of them mainly cooperated with the miners, so there were few purchase activities on the spot marketAsian Metal Copyright