Prediction
The Price of Chinese SiMn Products Remained Stable While the Supply Declined Slowly (Dec 14th – Dec 18th )
[Ferro-alloys.Com] The price of Chinese silicon manganese products has remained steady during the past week. The mainstream quotation of silicon manganese 6517 was RMB3900-4000/mt in Ningxia, the mainstream quotation of silicon manganese 6517 was RMB3950-4050/... |
Some EMM Enterprises Start Recovery Production While Others Still Reduce Output(Dec 14th- Dec 18th)
In this week, the market price of electrolytic manganese flake 99.7% is about RMB9,200-9,400/mt in Hunan, Chongqing, Guangxi and Guizhou, while in Ningxia, it’s about RMB9,200/mt. The export price is about USD1,450-1,480/mt FOB. While, according to the lates... |
Interest Rate Increase Didn’t Surprise Nickel Market (Dec 14th-Dec 18th)
[Ferro-Alloys.com] In December 17, Federal Reserve has increased the interest rate by 25 basis points, the first hike since June 2006, which means that the world-largest economy officially steps on a cycle of rate increasing. |
Chinese FeSi Spot Dropped below RMB4,000/mt and Enter 3 Era (Dec 14th – Dec 18th )
[Ferro-Alloys.com]In Mid-Dec, ex-work price of 75 in northeast China dropped to RMB4,150-4,250/mt while RMB3,800-4,000/mt for ferrosilicon 72#. After continued falling, the price of ferrosilicon already drop below RMB4,000/mt and enter the 3 |
Chinese Imported Mn Ore Spot Market Kept Tumble Slightly (Dec 14th –Dec 18th )
[Ferro-Alloys.com] In mid-Dec, , the quotation of 46% Australian lump was lowered to RMB19-20.5/mtu, and the quotation of Australian sand ore was edged down to RMB18.5-19.5/mtu. T |
HC Ferrochrome Prices Waiting for New Tender Price(Dec 14th-Dec 18th)
[Ferro-Alloys.com]High-carbon ferrochrome prices remained stable last week. The ferrochrome traders are suffering a difficult time when the tender prices from stainless steel mills get closer to the production cost for most producers and some producers in Nort... |
Chrome Ore Continued to Run Weaker(Dec 14th-Dec 18th)
[Ferro-Alloys.com]South African chrome ore prices continued to slip, and the chrome ore lumpy prices remained history low while the ferrochrome producers expected even lower prices, which made it hard to reach consensus on the prices. |
China's spot price of iron ore drops
The spot price of iron ore fines 62% to China is being offering at US$38.37/ton, dropping by US$0.31/ton or 0.8% from the previous price. The average price of iron ore was US$39.3/ton in the month. Meanwhile, the China Iron Ore Price Index (CIOPI) decr... |
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