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Price Briefing: Week 27

08 July 2010

by Alison Russell

Chemical grade chromite & fluorspar on the rise; refractories remain sluggish

Keywords: mineral prices, chromite, fluorspar, magnesia, antimony, kaolin, bauxite, alumina, silicon carbide

Prices for chemical grade chromite are increasing as demand is tightens, especially in Europe, according to market sources.This week prices are up to $290-330/tonne for 46% Cr2O3, wet bulk, FOB Transvaal, South Africa, for chemical grade, while foundry grade is steady at $310-360/tonne, same basis. Refractory grade chromite is becoming difficult to source, and contracts are negotiated as and when material is available. On another note, all the industrial action which had interrupted the South African supply chain is now over and a buyer said this week that most tonnages that were affected have now been shipped or will...








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