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China Cr Ore Imports Marginally Down - April 2012
= 748,386 tons, down by 1.4% from March; two major sources South Africa and Turkey both down =
According to China's customs statistics, details of the imports of chrome ore in April 2012 as well as during the first four months of 2012 were as per the table attached hereto.

Namely, imports of the ore in April were 748,386 tons (weight of the ore), down by 1.4% from March, keeping the 700,000-ton/month level. Meantime, quayside stocks continued to decline since end-April to reach 2.64 million tons late last week, reportedly because ferrochrome smelters increased purchases. Another possibility is that imports of the ore so far in May have been at a slower pace than in April.

Breakdown of the imports by originating country is, in thousand tons with comparison to March 2012 in the parentheses after each figure, <> South Africa: 323 (down by 20.7%), <> Turkey: 111 (down by 24.5%), <> Iran: 77 (up 3.8 times), Australia: 62 (up 6.4 times), <> India: 42 (down by 35.9%), and <> Oman: 38 (up by 34.1%). The decreases in the imports from the two major sources were significant.

Averaged unit price of the ore imported during April was US$232.64/ton, up by 3.1% from March 2012 to recover the level in January 2012, due to the increases in imports of comparatively high-priced ores for example, from Iran, Australia and Pakistan, with the decrease of the low-priced ore from South Africa.
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last modified : Tue 29 May, 2012 [10:46]
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