Recently, chromium ore market situation is still gloomy, and the offers are basically the same, with slightly decline. Enquiries become more active at present, but the transactions are not satisfactory.
It is learned that current port inventories are comparatively much, some traders can’t begin to ship out because of the problem in capital turnover. On the other hand, most chromium traders are not optimistic on aftermarket. In their opinion, if chrome ore price get loose in international market, domestic port price will continue dropping. It will slightly rebound even if international market price keeps firm. As a result, people are selling cargos with discount. |