Seminar On The Pricing Of South African Chrome Ore Futures

Founded in 2003, Ferroalloy Net is a portal based on the mineral and ferroalloy industries. The website is aimed at users in the ore and ferroalloy industries at home and abroad. We committed to monitoring industry product prices, providing a product trading platform, and recording industry development trends. In order to better monitor product prices in the industry, a closed-door meeting on the pricing of South African chrome ore futures was deliberately organized.

In order to better provide real-time, efficient and accurate information services for website members, major market participants were invited to discuss the pricing of South African chrome ore futures. The discussion meeting was awarded to Hunan Kaixin New Materials Group Co., Ltd. and Beijing Landward Minerals Co., Ltd. , Baoxin (China) Co., Ltd., China National Minerals Co., Ltd., Sichuan Yuanda Juhua Industrial Co., Ltd., Zhongyi Far East Import and Export Co., Ltd., Changsha Wanzhong Supply Chain Management Co., Ltd., Shanxi Coal Import and Export Group Co., Ltd. International Trade Branch , Shanxi Taiyuan Iron and Steel Wanbang Furnace Charge Co., Ltd., SAIL INTERNATIONAL MARKETING PTE LTD, Noble Group, Shanghai Jiasheng Business Consulting Co., Ltd., Hebei Logistics Group Metal Material Co., Ltd. and other member companies are strongly supported.

Yu Jiao, a chrome ore analyst Ferroalloy Net, shared data and information on South Africa’s chrome ore output, imports, port inventory and other data with participants, and gave a brief introduction to the website’s pricing mechanism. And since then, some of the more concerned focuses have been discussed: will the external disk prices of the website maintain the previous round of prices since special periods have caused the market to have no new transactions for a long time? The market is constantly changing, how to refer to the number of transactions (proportion)? And so on.

First of all, the participants who participated in the seminar highly recognized the accuracy, timeliness, and fairness of the current website information, and also gave constructive opinions for the future development of the website and the pricing mechanism. After the meeting, the website will summarize the spirit of the meeting and continue to improve information services in future work.

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