Chinese HC ferrochrome prices unchanged
2023-03-30 07:48:12 [Print]
BEIJING (Asian Metal) 30 Mar 23 – Most suppliers hold watchful attitudes and keep their prices unchanged from early this week. Currently, the mainstream prices for Chinese HC ferrochrome Cr52%min C8%max 10-200mm stand at RMB8,900-9,100/t (USD1,292-1,321/t) EXW D/P, unchanged from early this week. Insiders predict the mainstream prices would keep flat in the coming three days as most suppliers have no plan to change their prices.
A producer from North China mentioned, "We quote RMB9,000/t (USD1,306/t) EXW D/P for HC ferrochrome Cr52%min C8%max 10-50mm with no concession at present, in line with early this week". They noted that most of customers prefer to wait for the purchase prices of steel mills and have no plan to purchase at present. They last sold around 30t at RMB9,000/t (USD1,306/t) EXW D/P early this week. They have no plan to change their price in the coming three days and predict the mainstream prices would keep flat as well.
The producer, with an annual production capacity of 96,000t of HC ferrochrome Cr52%min C8%max, predicts to sell around 6,000t in March, unchanged from last month. They produced about 54,000t in 2022 and about 18,000t so far in 2023. They have no stock at present.
A producer from North China disclosed, "We offer RMB8,950/t (USD1,299/t) EXW D/P for HC ferrochrome Cr52%min C8%max 10-200mm with no counteroffer at the moment, unchanged from early this week". They last sold around 60t at RMB8,950/t (USD1,299/t) EXW D/P early this week. They noted that they could not decrease their price due to the high prices of chrome ore. They last purchased Turkish chrome concentrate 46%min at RMB62/dmtu (USD9.00/dmtu) of around 1,000t yesterday. They predict the mainstream prices would keep flat in the following three days.
The producer, with an annual production capacity of 80,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 4,100t in March, in line with last month. They produced around 41,800t in 2022 and around 4,100t so far in 2023. They hold no inventory at the moment.
A producer from North China mentioned, "We quote RMB9,000/t (USD1,306/t) EXW D/P for HC ferrochrome Cr52%min C8%max 10-50mm with no concession at present, in line with early this week". They noted that most of customers prefer to wait for the purchase prices of steel mills and have no plan to purchase at present. They last sold around 30t at RMB9,000/t (USD1,306/t) EXW D/P early this week. They have no plan to change their price in the coming three days and predict the mainstream prices would keep flat as well.
The producer, with an annual production capacity of 96,000t of HC ferrochrome Cr52%min C8%max, predicts to sell around 6,000t in March, unchanged from last month. They produced about 54,000t in 2022 and about 18,000t so far in 2023. They have no stock at present.
A producer from North China disclosed, "We offer RMB8,950/t (USD1,299/t) EXW D/P for HC ferrochrome Cr52%min C8%max 10-200mm with no counteroffer at the moment, unchanged from early this week". They last sold around 60t at RMB8,950/t (USD1,299/t) EXW D/P early this week. They noted that they could not decrease their price due to the high prices of chrome ore. They last purchased Turkish chrome concentrate 46%min at RMB62/dmtu (USD9.00/dmtu) of around 1,000t yesterday. They predict the mainstream prices would keep flat in the following three days.
The producer, with an annual production capacity of 80,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 4,100t in March, in line with last month. They produced around 41,800t in 2022 and around 4,100t so far in 2023. They hold no inventory at the moment.
