APAC Chrome Prices Movement Last Quarter:

Chrome Prices in China:

In the last quarter, the average price of chrome in China stood at 269 USD/MT, reflecting a stable market despite some fluctuations. The price stability was driven by a combination of steady domestic demand, particularly from the steel industry, which is the largest consumer of chrome for manufacturing stainless steel and other alloys. Additionally, China’s position as the world’s leading producer and importer of chrome played a significant role in maintaining price levels.

However, supply-side factors, such as transportation and logistical challenges, contributed to minor price adjustments. With a stable demand outlook and China’s ongoing industrial activity, the chrome market remained relatively balanced throughout the quarter, ensuring a stable price trend. Despite global economic pressures, China’s position as a key player in the chrome supply chain helped maintain consistency in its market pricing.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Chrome Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Chrome price trend, offering key insights into global Chrome market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Chrome demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

Request to Get the Sample Report: https://www.imarcgroup.com/chrome-pricing-report/requestsample

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