This week, the price of South African Cr40/42% Concs continues to rise. Chromium has shown a strong bullish trend. Due to the low price in the market, it is difficult to make a transaction. The prices of coke and freight are rising. Domestic ferrochrome price is strong and the continuous increasing price of chromium plays a pivotal role in the cost of ferrochrome. Meanwhile, the futures price of imported ferrochrome has also increased in the past two weeks. At present, the supply of spot market is tight, and industry insiders are mainly hold bullish on the futures market of chromium.
Spot price details of chromium ores in China this week Unit:¥/mtu
Chrome ore |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
South African Cr40/42% Concs |
24.5-25.5 |
24.5-25.5 |
25-26 |
25-26 |
25-26 |
South African Cr42/44% Concs |
28-29 |
28-29 |
28-29 |
28-29 |
28-29 |
Turkish Cr46/48% Concs |
36-37 |
36-37 |
36-37 |
36-37 |
36-37 |
Pakistan Cr40/42% Lumpy |
39-40 |
39-40 |
37-38 |
37-38 |
37-38 |
Albanian Cr40/42% Lumpy |
40-41 |
40-41 |
40-41 |
40-41 |
40-41 |
- [Editor:Catherine Ren]
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