The chrome ore participants are still optimistic about the post festival market

At present, the market quotation is mostly stable. In this round of goods preparation before the China's Spring Festival, the goods preparation of many factories is not very sufficient, and the purchase may continue after the opening of the market after the festival. However, the arrival volume in the next month is still significantly lower than the downstream demand, and some goods holders are also optimistic about the post festival market. Due to the continuous decline of inventory in the southern China market and driven by the rise of futures prices, spot prices rose slightly. It is expected that the chrome ore spot market will remain stable in the short term.