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The chrome ore market was stable in China

Time:Thu, 02 Mar 2023 12:13:36 +0800

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On March 2, the chrome ore market was stable in China, with 40-42% refined powder spot at Tianjin Port at 56-57 yuan/dmtu, and futures at 295-305 dollars/ton. Turkey's chrome concentrate 46-48% price is 370-380 dollars/ton for futures. 

The chrome ore market is currently operating smoothly, with limited market fluctuations. In the futures market, South Africa's shipping is still limited, the efficiency remains low, and the mines are mostly keeping their offers. It is expected that the market price of chrome ore will remain stable.

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