Resumen de Chinese chromite imports dip in March
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
