Chrome Market Report October 2011
2011-11-30 16:14:26 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
After the Chinese National Day holidays, Chinese chrome market has no sign of improvement and it is more likely for the market to go down further. With the increasing stocks of chrome ore in Chinese main ports, many participants have great pressure in their sales. Some traders who are in urgent need of cash have to lower their offers before the end of this year. Demand for chrome ore import becomes slowing down with thin deals. Major stainless steel mills press down ferrochrome prices, which makes smelters difficult in their production.
