The chrome ore inquiry is not active in China
Time:Fri, 15 Nov 2024 15:49:11 +0800
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Chrome ore futures were reported at 270 US dollars/ton for South Africa chrome concentrate 40-42%, indicating a certain level of confidence in the chrome ore market. Although it has entered the winter storage, the performance of the chrome ore market is average. Ferrochrome factories are willing to buy low-priced raw materials, so the chrome ore inquiry is not active in China.
On November 15th, the futures trading price of 40-42% chromium concentrate powder from a large mine in South Africa to Tianjin Port was 270 US dollars/ton, unchanged from November 8th. The chromium / iron ratio was 1.3, with a trading volume of 20,000 tons and a shipping date of the end of December.