The spot supply of chrome ore is still tight in China
Time:Tue, 10 May 2022 09:11:06 +0800
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At the beginning of the week, the transaction in the chrome ore market was relatively flat. The transaction price of 40-42%chrome concentrates of South Africa remained at 55 yuan / dmtu in China. The transaction price has not broken through yet, and the ferrochrome plant just needs to purchase. The spot supply of chrome ore is still tight, the source of goods is relatively concentrated, and the subsequent arrival volume is limited. In addition, the futures quotation is high, and most spot traders support the price.
