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PrintThis week the chrome ores quotes in Chinese spot market did not change much while some mines’ trading price, like Turkey Cr ores concentrates, decreased by RMB0.5/mtu. As the poor condition of Chinese FeCr market had last for a long time, the Cr ores futures price totally go down while the decreasing rate was not large.
The prices of spot chrome ore was offered as follows: chrome ore from South Africa with Cr 40-42% at RMB29-31/mtu while Cr 44% at RMB31.5-32.5/mtu and Cr 36-38% lumps at RMB35-36/mtu; Cr 42% lumps from Turkey at RMB49-50/mtu while Cr 46-48% powders at RMB46-47/mtu; Cr 49-50% from Iran at RMB49-50/mtu.
In respect of the future market, most of mines declined by USD5/mt as, chrome ore from South Africa with Cr 40-42% powders was USD180-185/mt while Cr 44% at USD190-195/mt and Cr 36-38% lumps at USD170-175/mt; Cr 42% lumps from Turkey declined to USD270-280/mt while Cr 46-48% powders at USD285-290/mt; Cr 49-50% from Iran decreased to USD255-260/mt; Cr42% lumps from Pakistan at USD270-275/mt; Cr38% lumps from Oman at USD190-200/mt while Cr 32-34% lumps at USD150-155/mt and Cr 30-32% lumps at USD130-135/mt.
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- [Editor:Juan]
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