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Chinese chrome ore market has been rising slightly

Time:Thu, 20 Jan 2022 10:12:24 +0800

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Recently, the domestic imported chrome ore market has been rising slightly, mainly due to the impact of the epidemic in Tianjin. Although the delivery in Tianjin Port has no impact,  it is gradually difficult to find logistics vehicles. However, the downstream demand gradually weakened before the Spring Festival, and the market began to show a weak situation of supply and demand.

From the above quotation, after the chromium ore remained stable for a period of time, it broke the stability and rose slightly before the festival, which was mainly affected by the price rise of the future market and the limited domestic transportation.

Near the Spring Festival, downstream purchasers also complete goods preparation and purchase again after the Spring Festival. However, the future market rose slightly, and most practitioners were optimistic, waiting for a wave of small market in the coming month.

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