Chemical chromite trading slow to restart on lower prices
Published: Wednesday, 07 June 2017
The reduced price levels of chemical chromite are now showing an increased premium over metallurgical UG2, which sellers are trying to uphold.
Chromite prices were unchanged this week with suppliers of
chemical grade material seeking to uphold a larger-than-normal
premium over metallurgical grade quotes.
Following the sharp decrease in chemical chromite prices at
the beginning of May – when the material lost over 30%
of its earlier value on the back of...