Charge chrome enterprises will raise prices of the third quarter 18-20 cents /pound

Charge chrome production enterprises decided to reduce the contract price and the spot price gap and hinted that the price hike will be at least 18-20 cents /pound, two completely consistent.
On the third quarter ferrochrome prices will be the first negotiations held within 2-3 weeks, production companies want a substantial increase in ferrochrome prices. @ South Africa, a major ferrochrome production enterprises that spot and contract prices varied greatly. High-carbon ferrochrome spot price of 0.98-1.08 dollars / pounds, and the second quarter of the contract price of 81-83 cents /pound, in the second quarter, contract prices rose 6-8 cents /pound, spot prices of high carbon ferrochrome start from the beginning of the year 65-68 cents /pound rise China's soaring demand for ferrochrome so suddenly tight supply, the contract price is too low market injustice.