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Ferro Chrome in Chinese market is bullish now. The ex-work price of FeCr Hc bid around RMB5800/mt based on 50% Cr, and FeCr Lc (C 010% max) bid around RMB12000/mt based on 60% Cr. In May,Hc Fe Cr price is increased by RMB900/mt, and FeCr,Lc increased by RMB1500/mt than the level in March.

The market was slightly recovering from March.Ferro Chrome,HC 's price only started to recover in April, but Lc FeCr's price went up in Feb,2016 , that is because of  shortage of Chrome Silicon,which it is main raw material of FeCr,Lc. CrSi price was increased by RMB1500/mt since Feb,2016 , the big increased happened is that FeCr,LC 's price went up RMB1000/mt in only 10days period, and FeCr,HC price went up RMB900/mt. in these days, Chrome Ore price is also mataching up at least 10% currently.

The  delivered prices in May is: Fecr,Hc at RMB5800-5900/mt (50% basis) ,Fecr,LC 0.10 at RMB12200/mt (60% basis) ; The current export price of LC FeCr 60%,C 0.10% max offered usd1.90/lb cr FOB CMP for June shipment ,that is 15% increased than April 

Chinese producers of Fecr are fully booked till June, and in that case, market will keep strong until July in short term view.and cr ore, CrSi price have strong demands also support the market treand.