Domestic ferrochrome assessment is stable today. The high carbon ferrochrome market again peaceful influcenced by Qingshan tender. Other tenders are still not clear and the hesitation dominates the near further.

　　The resource price of chrome ore is still heading downward. The chrome market is neither sliding nor going up. Producers are not purchasing eagerly, the general situation is still flat. Most plants are digesting inventories with no intention of having more. Turkish 38% lump assessment is at $160-$165/ton, Turkish 46-48% powder assessment is at $225-$230/ton, South African 42-44% powder is at $160-$165/ton, domestic 44% South African powder is at Yuan 30.5-31.5/mtu.

　　The price of domestic ferrochrome is stable. There are more room for tender price and some producers are making inquiries actively. Most traders from upstream and downstream are holding reserved attitude. Low & Micro carbon ferrochrome is stable. The market is flat with some plants reducing the output capacity. The stainless steel market is still weak. There are oversupply there as the import goods compete against domestic goods. The high carbon ferrochrome is at Yuan 5900-6000/50mt, low carbon ferrochrome is at Yuan 10600-10800/ton, micro carbon ferrochrome V10 is at Yuan 10900-11000/ton.