ICDA 2019: New trade flows emerging amid bearish chromite market conditions

By Davide Ghilotti
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...

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