Slow trading persists in chemical chromite
Published: Wednesday, 17 May 2017
Buyers of chemical chromite remain reluctant to settle new deals while prices are volatile, as metallurgical UG2 chrome ore continues to fall, while sources claim foundry sand will not see the same bearish pressure.
The chromite market remains split between a bearish scenario
in chemical grades, characterised by slow trading and falling
prices, and a more stable foundry market, which is not expected
to follow in the sharp downturn seen in other grades.
Trading in chemical chromite remains quiet,
IM has heard this week...