Low carbon ferrochrome price increased slightly
In July 2020, the national production of low-carbon ferrochrome is 42,000 tons, a decrease of 42,000 tons compared with that of June and 9400 tons compared with that of May.In addition to the Spring Festival in January, The impact of the epidemic in February, July national low carbon ferrochrome output hit a new low of nearly half a year.In the experience of as long as half a year prices continue to fall, after the retail market is bleak, the beginning of July began the national low carbon ferrochrome factory production, production reduction is increasingly serious (mainly to the south factory).As a result of south low carbon ferrochrome factory electricity price and transportation cost is not dominant,until the end of July sichuan only 2 low carbon ferrochrome factory in production, the entire Jiangsu and Zhejiang region only 2 low carbon ferrochrome factory in production.Due to the increase in production and production of factories, as most of the ferrochrome factories mainly by CEO orders, resulting in the retail market is increasingly difficult to find low-cost supply.In addition, after the bottom of the price, some well-funded factories prefer to stockpile inventory rather than low prices.Retail market low supply disappeared, downstream inquiries, procurement increase, the price is slightly pulled up.