Price Briefing Week 50: Chromite bearish while potash, zircon up
15 December 2011
by Alex Feytis, Jack Elliott, Siobhan Lismore
Prices for chromite sand may increase after Chinese New Year, but off now
Keywords: chromite, potash, kaolin, zircon, prices, China, South Africa, Turkey
There is no shortage of chromite sand for the foundry industry is the message IM is hearing loud and clear from the market this week.
Traders involved in the market all over the world revealed that chromite sand prices are reducing as metal prices fall off. The trend in prices looks likely to continue into the New Year.
“We are seeing prices offered by South African and Turkish companies as below what is currently mentioned elsewhere,” one China-based trader told IM.
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