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The chrome ore market is temporarily stable

Time:Wed, 23 Oct 2024 10:28:05 +0800

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The spot price of 40-42%chrome concentrate of South Africa at Tianjin Port is around 57-57.5 yuan/dmtu, and the futures price is 270-280 US dollars/ton. The spot price of 46-48% chrome concentrate of Turkey is around 68-70 yuan/dmtu, and the futures price is 385-390 dollars/ton. 

The chrome ore market is temporarily stable. Recently, the overall confidence in the chrome ore market is insufficient, and market procurement inquiries are relatively quiet. A new round of chrome ore futures is flat, and the chrome ore market will be stable.

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