Chinese LC ferrochrome export prices flat
2023-03-22 08:21:54 [Print]
BEIJING (Asian Metal) 22 Mar 23 – Most suppliers keep their prices unchanged from early this week due to the unchanged prices of LC ferrochrome in domestic market
A trader from North China mentioned, "We quote USD2.45/Ib Cr FOB China for LC ferrochrome Cr60%min C0 . 1%max with no concession at present, unchanged from early this week" . They complained the market shows weak demand and they received inquiries from customers who only asked for prices . They last sold around 54t at USD2.60/Ib Cr in mid February . They have no plan to change their price and predict the mainstream prices would keep unchanged within this week.
The trader, based on a regular monthly trading volume of around 100t of LC ferrochrome Cr60%min C0.1%max, did not conclude any deal in March and predict that they could not conclude any order this month, and they last sold around 54t in February . They have no stock at present.
A trader from North China disclosed, "We offer USD2.48/Ib Cr FOB China for LC ferrochrome Cr60%min C0 . 1%max and could accept the price as low as USD2.47/Ib Cr at the moment, in line with early this week" . They received the inquiries this week, but the customers had no response after they offered this price . They last sold around 27t at USD2.45/Ib Cr FOB China in late February . They have no intention to change their price and estimate the mainstream prices would keep flat this week.
The trader, based on a regular monthly trading volume of around 50t of LC ferrochrome Cr60%min C0.1%max, did not conclude any deal this month, while they sold around 50t last month . They have no stock at the moment.
. Currently, the mainstream export prices for Chinese LC ferrochrome Cr60%min C0 . 1%max prices stand at USD2 . 52-2.54/Ib Cr FOB China at present, unchanged from early this week . Insiders predict the mainstream prices would keep flat within this week as most suppliers have no plan to change their prices.
A trader from North China mentioned, "We quote USD2.45/Ib Cr FOB China for LC ferrochrome Cr60%min C0 . 1%max with no concession at present, unchanged from early this week" . They complained the market shows weak demand and they received inquiries from customers who only asked for prices . They last sold around 54t at USD2.60/Ib Cr in mid February . They have no plan to change their price and predict the mainstream prices would keep unchanged within this week.
The trader, based on a regular monthly trading volume of around 100t of LC ferrochrome Cr60%min C0.1%max, did not conclude any deal in March and predict that they could not conclude any order this month, and they last sold around 54t in February . They have no stock at present.
A trader from North China disclosed, "We offer USD2.48/Ib Cr FOB China for LC ferrochrome Cr60%min C0 . 1%max and could accept the price as low as USD2.47/Ib Cr at the moment, in line with early this week" . They received the inquiries this week, but the customers had no response after they offered this price . They last sold around 27t at USD2.45/Ib Cr FOB China in late February . They have no intention to change their price and estimate the mainstream prices would keep flat this week.
The trader, based on a regular monthly trading volume of around 50t of LC ferrochrome Cr60%min C0.1%max, did not conclude any deal this month, while they sold around 50t last month . They have no stock at the moment.