Recently, the price of Zimbabwe chrome ore concentrate has risen sharply. At present, the mainstream price of Zimbabwe chrome ore concentrate 46-48% is about 260-270 US dollars/ton (CIF China), an increase of 20 US dollars/ton this week. And the mainstream price of chrome ore concentrate 48-50% has been increased to 280-290 US dollars/ton (CIF China).
The market participants think that Zimbabwe's MMCZ guidance price is rising again, so their offers to China is also increased. And Chinese ferrochrome market seems to be better, the suppliers would like to raise their offers.
