Monthly Chrome Market Report Apr 2021
2021-05-10 18:02:52 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Chinese HC ferrochrome and LC ferrochrome prices trended down in April due to decreasing raw material prices and lower purchasing prices from steel mills. Chinese silicochromium prices edged down with HC ferrochrome prices declining.
In April, South African and Turkish chrome ore sellers cut prices slightly for sales promotion due to weak downstream demand, and thus the CIF China and in-port China prices of South African chrome ore and Turkish chrome ore both edged down.
Chinese chromic salt sellers held prices firm in April supported by higher raw material prices. Chrome metal prices in Chinese market and export market both went up with sellers lifting prices under cost pressure.
Chinese HC ferrochrome and LC ferrochrome prices trended down in April due to decreasing raw material prices and lower purchasing prices from steel mills. Chinese silicochromium prices edged down with HC ferrochrome prices declining.
In April, South African and Turkish chrome ore sellers cut prices slightly for sales promotion due to weak downstream demand, and thus the CIF China and in-port China prices of South African chrome ore and Turkish chrome ore both edged down.
Chinese chromic salt sellers held prices firm in April supported by higher raw material prices. Chrome metal prices in Chinese market and export market both went up with sellers lifting prices under cost pressure.
