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Supply-demand mismatch intensifies, and metal chromium prices rise again.


[Supply-Demand Mismatch Worsens, Metal Chromium Prices Rise Again] According to a report by Cai Lian She on November 12, the chromium salt market has recently shifted from its previous low-profile stance and is experiencing a strong round of price increases. Data shows that since the fourth quarter, the metal chromium market has seen a sustained surge in prices, with monthly increases reaching approximately 24%. Industry leader Zhenhua Shares raised prices twice in October, with cumulative increases totaling 14,000 yuan per ton; newly signed orders continue to show month-on-month price hikes. Sichuan Yinhe Chemical Co., Ltd., China’s second-largest chromium salt producer, followed suit and announced a price increase of 5,000 yuan per ton for metal chromium effective November 10. “This round of price hikes is mainly driven by a worsening supply-demand mismatch—tightening upstream mineral resources, stricter environmental regulations, and rapidly growing downstream demand have all contributed to the increasing scarcity of metal chromium,” said a senior executive at a leading domestic chromium salt manufacturer. Chromium salts possess strong intrinsic demand characteristics and feature high strength, high-temperature resistance, oxidation resistance, and corrosion resistance. They are increasingly used in fields such as aerospace and high-end equipment manufacturing. (Shanghai Securities Journal)