Supply, demand dynamics trigger evolution in chromite pricing spreads

By Davide Ghilotti
Published: Wednesday, 01 August 2018

The evolution of spreads in non-met chromite markets has caused a breakaway from the historic patterns in price differentials between grades of chemical, metallurgical and foundry material. Industrial Minerals has launched a new price assessment for dried and bagged foundry grade chromite sand to provide additional insight into market movements.

Prices in the non-metallurgical chromite market were formerly governed by a generally accepted system of premiums that maintained a close correlation between the various grades in the sector.

But some markets have gradually moved away to take separate and more independent routes.

Spreads between the main chromite grades have been...