Chromite port stocks decline 4% on week

Published: Mar 29, 2019 18:21

Save

Stocks declined 4% from a week ago to stand at 2.83 million mt as of Mar 29

SHANGHAI, Mar 29 (SMM) – Chromite (chrome ore) inventories across Chinese ports declined 4% from a week ago to stand at 2.83 million mt as of Friday March 29, SMM data showed.

For the same period, stocks at Tianjin port shrank 6% to 1.62 million mt, stocks at Qinzhou port decreased by 11% to 500,000 mt, while stocks at Lianyungang port grew 10% to 220,000 mt.

Inventory data Chrome ore Chromite

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

17 mins ago

Nickel Market Sees Supply Decline and Weak Demand, High-Grade NPI Prices Edge Lower

[SMM Nickel Flash] Supply side, the center of upstream offers continued to decline, with some traders continuously lowering their intended prices. Demand side, the market remained relatively sluggish, and the price spread between high- and low-grade NPI continued to widen. Overall, consumption was relatively weak, and high-grade NPI prices maintained a slight downward trend.

17 mins ago

18 mins ago

SMM High-Grade NPI Sentiment Index Rises to 2.11 in April, Upstream Index Also Improves

[SMM Nickel Flash] On April 8, the SMM high-grade NPI market sentiment index was 2.11, up 0.01 MoM. The high-grade NPI upstream sentiment index was 2.74, up 0.02 MoM. The high-grade NPI downstream sentiment index was 1.49, flat MoM.

18 mins ago

39 mins ago

[NPI Daily Review] Weak End-User Demand Weighed on Prices, High-Grade NPI Continued to Drop Slightly

[SMM Daily Comment: Weak End-User Demand Weighed on Prices, High-Grade NPI Continued to Drop Slightly] April 8 — The SMM high-grade NPI upstream sentiment index stood at 2.74, up 0.02 MoM, while the high-grade NPI downstream sentiment index stood at 1.49, flat MoM.

39 mins ago