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Chrome ore market are depressing, traders can do nothing
   Hits：   UpdateTime：2010-6-10 16:45:08
Keyword：chrome
Elan Website Press：
   Recent chrome ore market can be said dropping all the way, but the market demand keep in slump, and the traders are worried about the sales.

    According to a chrome ore trader in Jiangsu Province, drop of port chrome ore offer is already a common phenomenon in the market, based on considerations of capital, cost and the risk of market outlook, but the price drop has not changed the market transactions scarcity situation. At present, the downstream demand for ferrochrome keeps depressing, coupled with the abolition of preferential rates which makes a substantial cost increase, so some large manufacturers tend not to purchase, and they mainly consume chrome ore inventory for production. If the market is still  weak after the stocks run out, they will consider to cut or stop production.

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