Chinese chrome metal prices unchanged
2023-04-26 08:34:35 [Print]
BEIJING (Asian Metal) 26 Apr 23 – Most suppliers keep their prices unchanged since late last week due to the unchanged demand. Currently, the mainstream prices for Chinese chrome metal 99%min stand at RMB68,000-69,500/t (USD9,826-10,043/t) EXW D/P, unchanged from late last week. Insiders predict the mainstream prices would keep flat within this week as most suppliers have no plan to change their prices.
A producer from North China mentioned, "We offer RMB68,000/t (USD9,827/t) EXW D/P for chrome metal 99%min and could accept the price as low as RMB67,000/t (USD9,682/t) EXW D/P at present, unchanged from late last week". They did not conclude any deal this week and last sold around 5t at RMB67,000/t (USD9,682/t) two weeks ago. They have no plan to change their price due to the unchanged demand and predict the mainstream prices would keep flat within this week.
The producer, with an annual production capacity of 4,800t of chrome metal 99%min, predicts to produce around 300t in April, unchanged from March. They produced around 1,200t so far in 2023. They have no stock at present.
A trader from North China disclosed, "We quote RMB68,000/t (USD9,827/t) EXW D/P for chrome metal 99%min and could not accept the price lower than RMB67,000/t (USD9,682/t) EXW D/P at present, in line with late last week". They did receive any inquiry this week and last sold around 2t at RMB67,000/t (USD9,682/t) in mid April. They have no intention to adjust their price and estimate the mainstream prices would keep unchanged this week.
The trader, based on a regular monthly trading volume of around 10t of chrome metal 99%min, estimates to sell around 5t in April, unchanged from last month. They have around 20t of stocks at present.
A producer from North China mentioned, "We offer RMB68,000/t (USD9,827/t) EXW D/P for chrome metal 99%min and could accept the price as low as RMB67,000/t (USD9,682/t) EXW D/P at present, unchanged from late last week". They did not conclude any deal this week and last sold around 5t at RMB67,000/t (USD9,682/t) two weeks ago. They have no plan to change their price due to the unchanged demand and predict the mainstream prices would keep flat within this week.
The producer, with an annual production capacity of 4,800t of chrome metal 99%min, predicts to produce around 300t in April, unchanged from March. They produced around 1,200t so far in 2023. They have no stock at present.
A trader from North China disclosed, "We quote RMB68,000/t (USD9,827/t) EXW D/P for chrome metal 99%min and could not accept the price lower than RMB67,000/t (USD9,682/t) EXW D/P at present, in line with late last week". They did receive any inquiry this week and last sold around 2t at RMB67,000/t (USD9,682/t) in mid April. They have no intention to adjust their price and estimate the mainstream prices would keep unchanged this week.
The trader, based on a regular monthly trading volume of around 10t of chrome metal 99%min, estimates to sell around 5t in April, unchanged from last month. They have around 20t of stocks at present.
