ICDA 2019: New trade flows emerging amid bearish chromite market conditions
Published: Monday, 18 November 2019
Bearish conditions in foundry-grade chromite have shaped trading patterns and affected liquidity in the dried and bagged and wet bulk markets, along with material flows to the various regional markets.
Persistently low prices have affected the liquidity and
trading patterns of foundry-grade chromite, with more
standalone wet bulk shipments going to Asia in addition to
lower liquidity of dried and bagged material.
The chromite market is going through one of the most severe
bearish cycles thus far this year, with...