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On September 9, the chrome ore futures market was partially lowered. In Tianjin port, the price of 40-42% South Africa's chrome concentrate was reported at 220-230 USD / ton, down 5 USD/ton.
At present, there are limited changes in the chrome ore market. The inquiry of the downstream ferrochrome works is not active. Some traders ship at low prices due to their own capital pressure, while large traders maintain high prices, but do not take the initiative to offer until the ferrochrome factory inquires. It is expected that the chrome ore market will maintain a game situation in the short term before the supply and demand relationship changes.