Chinese chromite imports dip in March

• Autores: Davide Ghilotti
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 594, 2017 (Ejemplar dedicado a: Junio)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • China's demand slowing down in Q1; Buyers unwilling to secure new contracts; Seeking to force market prices down Imports of chromite products into China posted double-digit volume declines in February and March, compounded by the slow buying activity from local importers that has characterised most of 2017 so far.

    Imports of chromite as a whole, including metallurgical and non-metallurgical chrome materials, showed a steady growth pattern throughout the second half of 2016, according to China Customs data.

    Following a peak in imports at the beginning of the year, with January deliveries hitting 1.53m tonnes for a total value of $446.67m, the rest of the first quarter saw an evident sequential decline, bearing testimony to the slow trading situation that has affected the market this year to date