Minor metals · Comment Analysis 06-15 Published

On June 15th, the chromium price plummeted by 1,500 yuan. The weak supply and demand have dragged down the market of the entire industrial chain.

On June 15, the average transaction price of domestic Yangtze River spot 1# chromium in the market was reported at 81,000 yuan/ton, a decrease of 1,500 yuan per ton compared with the previous trading day, and the short-term price decline was obvious. The pessimistic sentiment in the market continued to spread. The trading activity in the upstream and downstream of the industrial chain was sluggish. Traders generally focused on selling goods at reduced prices and had a strong willingness to destock.

✍️ CCMN yangxf Editorial Department
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Chromium
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