Chrome supply still excessive

摘要

The decreasing price trend has been dominating all the world markets in November.Chrome alloy prices have lost some 4 in China due to higher internalsupply and 6 in Japan, the key market depending on imports. Indian exportershave cut offers by 10. European prices have dropped by 6 because of theseasonal downturn in consumption and steady supply. Prices have stabilizedin the USA because of the low share of the spot market and, therefore, limitedsupply. Chrome ore is still getting cheaper in the world due to excessive supplyand the decreasing trend in China.