Port chrome ore market prices fall

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At present the port chrome ore market some "strange wind", mainly in the prices of successive decline in the circumstances, some varieties of ore pricing have significantly reduced the phenomenon, as demonstrated in the Turkish chrome ore, Oman and South Africa ore mine, the sources said, Recently these countries because of the mineral chromium have been making considerable amount of the increase, while the export volume also increased, the downward adjustment in prices stems from the slow procurement, the ore source more to increase the number of the ore price drop.
According to the port traders said, 38 percent of the ore to the coast of Oman block transaction price has dropped to 260 U.S. dollars / ton about the level of a week ago, a 20-30 U.S. dollars / ton decline, the port also slip of the sales price of 60 yuan / T degrees below ,31-32 percent of Omans ports to block mining board price fell to 43-46 yuan / ton; At the same time, on the mine situation, there may be downward, at least in imports in the current Not the bulk purchase. South African mines, 42 percent of South Africas port to board flour prices in the 74-77 yuan / ton of all transactions, 44 percent of flour in South Africa 79-80 yuan / ton, but the volume is not large, demand is still weak The market is the biggest resistance. Turkey Mine, Turkeys largest chromium iron production enterprises EtiKrom company recently introduced the fourth quarter of chrome ore shipping prices, chromium ore (Cr2O3: 42%) from the original price of 715-720 U.S. dollars / ton (CFR China main port) to 515 -- 520 U.S. dollars / ton, down 200 U.S. dollars per ton on average about Although this move is to alleviate the current downturn chrome ore market, but such a substantial reduction of chrome ore market will certainly have a great impact.
Other ores, such as 38-40 per cent of the Iranian coast to block the ore pricing in 510 U.S. dollars / ton below 42 percent of Pakistan to shore block ore pricing in the 530-550 dollar / metric tons, the port price fell to 104-106 yuan / Tons, traders said the market is still uncertain, the need to further do intend to wait and see.