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The high carbon ferrochrome market continues to show a stable trend in China, with no obvious signs of fluctuations in the overall market. The price ranges from 8,800 to 8,900 yuan/ton. As the demand side performs poorly in the off-season, but the raw material cost side remains high, the short-term price fluctuation space may be limited. In the future, we will pay attention to the supply and demand situation and changes in the cost side.
The low and medium carbon ferrochrome market has temporarily stabilized after a decline.
The chrome ore market is showing a stable and stagnant operation, with a slightly weak trend sentiment in the market. Downstream factories have increased their purchasing pressure, but the high and firm prices of futures provide support for the port spot market.