According to some source, Albanian Ferrochrome manufacturers have been buying at better prices than Chinese Ferrochrome manufacturers do; chrome ore suppliers either reduce or stop supplying to China buyers due to low prices and weak demand. Now, Albanian Ferrochrome manufacturers are buying at 225-235USD/MT DAP Albania for lumpy
40-42%. Traders' costs are around 240-250USD/MT CIF China. Thus, offering prices are mainly reported to be 250-260USD/MT CIF China for same grade of chrome ore. At the same time, Chinese buyers can buy chrome ore lumpy from other countries at much lower prices; therefore, there is low demand for Albanian chrome ore. However, Albanian chrome ore traders say that they will not reduce prices and waiting for better market instead.