Chinese HC ferrochrome prices keep firm
2023-04-28 08:05:55 [Print]
BEIJING (Asian Metal) 28 Apr 23 – Most suppliers keep their prices firm from early this week due to the high prices of chrome ore. Currently, the mainstream prices for Chinese HC ferrochrome Cr52%min C8%max stand at RMB8,500-8,700/t (USD1,227-1,256/t) EXW D/P, unchanged from early this week. Insiders predict the mainstream prices would keep firm in the coming three days as most suppliers have no plan to change their prices.
A producer from North China mentioned, "We offer RMB8,600/t (USD1,242/t) EXW D/P for HC ferrochrome Cr52%min C8%max and could accept the price as low as RMB8,500/t (USD1,227/t) at present, unchanged from early this week". They received an inquiry from the customer who wanted to purchase at RMB8,400/t (USD1,213/t) EXW D/P, and they refused to sell this price. They last sold around 60t at RMB8,500/t (USD1,227/t) mid this week. They have no plan to change their prices and predict the mainstream prices would keep firm in the coming three days.
The producer, with an annual production capacity of 72,000t of HC ferrochrome Cr52%min C8%max, stopped their production in April due to the weak demand, and they produced around 5,000t in March. They have no stock at present.
A producer from North China disclosed, "We quote RMB8,600/t (USD1,242/t) EXW D/P for HC ferrochrome Cr52%min C8%max and could accept the price as low as RMB8,450/t (USD1,220/t) today, in line with early this week". They did not conclude any deal today and last sold around 30t at RMB8,450/t (USD1,220/t) early this week. They have no intention to change their prices and estimate the mainstream prices would keep firm as well.
The producer, with an annual production capacity of 240,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 6,000t in April, down by around 1,000t from March. They have no stock at present.
A producer from North China mentioned, "We offer RMB8,600/t (USD1,242/t) EXW D/P for HC ferrochrome Cr52%min C8%max and could accept the price as low as RMB8,500/t (USD1,227/t) at present, unchanged from early this week". They received an inquiry from the customer who wanted to purchase at RMB8,400/t (USD1,213/t) EXW D/P, and they refused to sell this price. They last sold around 60t at RMB8,500/t (USD1,227/t) mid this week. They have no plan to change their prices and predict the mainstream prices would keep firm in the coming three days.
The producer, with an annual production capacity of 72,000t of HC ferrochrome Cr52%min C8%max, stopped their production in April due to the weak demand, and they produced around 5,000t in March. They have no stock at present.
A producer from North China disclosed, "We quote RMB8,600/t (USD1,242/t) EXW D/P for HC ferrochrome Cr52%min C8%max and could accept the price as low as RMB8,450/t (USD1,220/t) today, in line with early this week". They did not conclude any deal today and last sold around 30t at RMB8,450/t (USD1,220/t) early this week. They have no intention to change their prices and estimate the mainstream prices would keep firm as well.
The producer, with an annual production capacity of 240,000t of HC ferrochrome Cr52%min C8%max, predicts to produce around 6,000t in April, down by around 1,000t from March. They have no stock at present.
