[Chromium metal] chromium metal prices stable outlook hamstrung increase
Since late May, Cr domestic market as a whole maintained a steady move up the momentum, Price on the market from 71000 -73000 yuan / ton increase to 73000-75000 yuan / ton, inflation in 2000 dollars, generally located in the 71500 -73000 yuan / ton. At present, some domestic dealers Price relatively high prices in the 75,000 yuan / ton, However, according to market feedback information, Cr transaction still not active trading conditions have remained stagnant. Industry sources, the current market trend is slightly in excess supply, the price fluctuations relatively small, little turnover.
Jinzhou Chromium is the major domestic production, many of the dealers are from Jinzhou goods, it was revealed some businesses, in the shipment, the number of small manufacturers in relative prices also lower, Therefore procurement volume is not large businesses in this slightly on some advantages.
In the export market, the chromium metal market was also relatively light, the transaction is not large, the manufacturers said the inquiry received limited. International market, Britain last Friday "metal Herald," Cr prices remained at 7700 -7900 U.S. dollars / ton, Indian metal market continues to be 7,850 U.S. dollars / Mt level.
Industry insiders believe that the current domestic market Cr high carbon ferrochrome in, chrome ore and other raw material of high status, the manufacturers of lower production costs, and the domestic market for chromium metal demand is fairly limited, the international market is also very difficult to do something, Chromium price it at the later stages of the operation, it is very difficult to further improvements.
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