Prediction
LC FeCr Price Hardly to Recover over Steady Price of HC FeCr(Feb 2-Feb 6)
[Ferro-Alloys.com]High-carbon ferrochrome prices remained stable this week after major stainless steel makers released their new tender prices last week, while some ferrochrome producers raised their quotations. However, domestic prices of low-carbon ferrochro... |
LME Nickel Price to Probably Continue Its Correction Phase
[Ferro-Alloys.com]LME nickel price rose on Monday and Tuesday last week, creating a week high at 15505, and the price hit a week low at 14755 on Thursday. The price failed to reach MA89 on the day chart, creating a cross-star on the week chart. |
Less Transaction of Chrome Ores at Stable Prices before China’s Spring Festival(Jan 2-Jan 6)
[Ferro-Alloys.com]Thanks to the stabilization of China’s HC FeCr prices, chrome ores prices kept the same level as the previous week for both futures prices and spot prices. Some chrome ore lumpy 40-42% remained stable after the previous fall. |
Chinese Imported Mn Ore Spot Market Remained Calm (Feb 02nd – Feb 06th )
[Ferro-Alloys.com] In recent period, there were no big fluctuation on imported manganese ore spot market in China. Australian Mn46 lumps were focused on |
Nickel ores trading was deserted for weak Demand-China
This week the nickel ores spot price in Chinese market was stable while the futures increased by USD1-2/wet mt. on Feb.6th, nickel ores stock of China was 19.3million tons, declining by 300thousand tons than last week |
Medium and High FeNi Price Slightly Declined-China (Feb.2nd-Feb.6th)
In recent week, the low FeNi stayed at RMB2650-2700/mt. it was expected that the price would went steady along with the low demand and operating rate. For medium and high FeNi, the price further declined |
Chinese FeTi Price Edged Down due to Fierce Competition among Suppliers
[Ferro-Alloys.com]Chinese FeTi transacted at RMB8,700-9,400/mt (USD1,426-1,540/mt, export duty excluded) by acceptance. With capacity surplus, there was intense competition among suppliers, with the minimum RMB8,400/mt (USD1,377/mt, export duty excluded) by ac... |
Overseas APT Price Edged Down amid Sluggish Demand
[Ferro-Alloys.com]Overseas APT price edged down to USD280-300/mtu amid sluggish demand. |
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