Daily Review of High carbon Ferro Chromium Market on April 14, 2020

Published: Apr 14, 2020 11:57

On April 14, the national port chromium miner made a firm offer, and some of them still quoted the outer plate and raised the futures price by a large margin. Today, the spot price of 40-42% chromium concentrate in South Africa is 28-32 yuan / ton, the price of the outer plate is 140-150 US dollars / ton, the spot price of 42-44% chromium concentrate is 28-32 yuan / ton, the outer price is US $160-170 / ton, and 38-40% of the raw ore in South Africa is quoted at 31-33 yuan / tonnage. Turkey 46-48% chromium concentrate quoted 3940 yuan / tonnage, outer offer price 205-210 US dollars / ton; At present, the mining restrictions of various minerals in South Africa are gradually liberalized, and chromium mines are expected to resume production, but inland transportation restrictions are still a problem of drunken local supply. The supply of chromium mines to China will be restored, but the recovery is expected to be limited.

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Daily Review of High carbon Ferro Chromium Market on April 14, 2020 - Shanghai Metals Market (SMM)