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The chrome ore suppliers maintain the high operation

Time:Thu, 19 Jan 2023 10:53:54 +0800

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The chrome ore market maintains a stable operation. The spot price of South Africa 40-42% chrome concentrate is 52-53 CNY/dmtu, and the futures 280-285 USD / ton. Turkey 46-48% chrome concentrate future is 350-360 USD / ton, with no big change.

 Some chromium merchants keep the offer firmly, and some do not rush into offers at all, indicating waiting for the offers after Chinese Lunar New Year. Downstream ferrochrome plant inquiry procurement is not active at present and demand performance is general. There is no big change in the quotes of overseas markets, and they maintain the high operation.

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