South Africa's chrome ore offers to increase again

The spot inventory of chrome ore in Tianjin Port has been low at present, the arrival is insufficient in a short time, and the saleable inventory is also very concentrated. The demand for chrome ore in the North China remains at a high level, and the futures inquiry is relatively active. In addition, with the outbreak of the fourth wave of epidemic in South Africa, the chrome ore suppliers in South Africa are reluctant to sell and increase the prices. They continue to raise the futures price of concentrates in South Africa, and the offer of mines is suspended after a small number of transactions. The wait-and-see mood is strong. The price of South Africa 40-42% chrome concentrate is about 165-175 US dollars / ton, an increase of 10 US dollars/ton.