8/06/2008

[ferroalloy ]The first half of 2008 China's import and export of ferroalloy Overview

According to customs data, in June 2008 China's export ferroalloy 307,700 tons, an increase of 10.56 percent, Central fell 8.78 percent; 1-6 ferroalloy exports in total 1.724 million tons, an increase of 8.14 percent. In addition, in June ferroalloy imports 114,900 tons, down 19.1 percent, rose 32.68 percent, Central; 1-6 in total imports 771,300 tons, an increase of 4.59 percent. First half of this year China's total imports of high-carbon ferrochromium 658,900 tons, an increase of 4.52 percent. In addition, in June China's imports of chrome ore 543,700 tons, 1-June total imports of 3.481 million tons (22.81 percent increase), China's imports in June manganese 712,300 tons, 1-June total imports of 3.854 million tons (38.88% increase ).

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[chrome ore ]mports of chrome ore market prices still rising

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The recent market prices of imports of chrome ore slight fluctuations, the increase of prices was the impact of high-grade varieties still higher price trends, which makes some of the lower reaches of FeCr, and other manufacturers, "Wang Xing Tan mine."
Even shipped from Hong Kong this week to the chrome ore prices, some 50 percent of India flour in the mine were 124-127 yuan / ton degrees from top to bottom, South Africa were about 44 per cent of flour in the 86-89 yuan / ton degrees, Oman 35% block in the 65-68 ore yuan / ton, although the procurement of FeCr manufacturers of inputs has increased.
The ores from the operation, the port has raised traders Price Jiaoqian Qi, South Africa flour, chromium ore in India, Turkey and Iran block ore prices showed strong momentum high, and these high grade ores of the total inventory Originally more tense, FeCr downstream manufacturers, and other consumer purchases压价more, but also more cautious. This is expected, chromium ore port in foreign markets offer the support is still strong, stable prices of the possibility of greater strength, but little room for price increases.

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