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Chromite price conundrums

21 January 2010


Chromite market unstable: European buyers resist hikes but prices rise in China

Keywords: chromite, chrome ore, prices, China, South Africa

As discussions get underway for 2010 chromite contracts, price levels in the European market are difficult to pitch, according to reports from IM market sources.

 

Sources have reported price increases – some accepted, some rebuffed – and subsequent sales lost as suppliers and buyers negotiate.

 

“There is no stability in the market at the moment” commented one importer to Europe.

 

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