SwapX Weekly Report 18/10/2021
WEEKLY REPORT
Chrome Ore market prices, insights by origin on the 18 October 2021.

CHROME MARKET ANALYSIS
SwapX digitalization of purchasing Chrome ore online increases opportunities for addressing the challenges in anticipating the supply and demand for raw materials. Furthermore, the easy to use platform allows for information on current prices and news in the mining industry.
Hence, this report on the local front highlights an increased seasonally adjusted mining production of Chrome Ore by 4% in the three months ended August 2021 compared with the previous three months. In addition to this, Chrome Ore sales at current prices increased by 23% year-on-year in August 2021.
Internationally, the significant themes making headlines are the energy crisis in Europe and China, disruptions to supply chains, and inflation. China’s producer price index (PPI) increased by 10.7% in September from a year earlier, pushing up raw material costs.
(Report by W. Kieser)