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AnalysisThe current position: Homepage > Analysis

The demand for chrome ore is general

Time:Thu, 06 Jan 2022 11:00:50 +0800

keywords : the demand for chrome ore

On June 6, the spot quotation of 40-42% chromium concentrate of South Africa is 30.5 yuan / dmtu. The quotation of 46-48% chromium concentrate of Turkey is 51-52 yuan / dmtu. The downstream ferrochrome price continues to be weak, the demand for chrome ore is general. The impact of the Winter Olympic Games on the ferrochrome plant production is temporarily limited, and there is no excessive pessimism. Due to the shutdown of environmental protection in some areas of the north China, the demand for chrome ore has dropped, the supply of granularity ore has eased, and the price has been slightly down. 

At present, there are few quotations for chrome ore futures, and some mines do not bid temporarily due to holidays in the overseas market. Due to cost support, most cargo holders mainly support the price, and the quotation of some small mines is slightly reduced. However, it is difficult to be optimistic about the market demand in the short term, and the market transaction performance is general.

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