[Ferro-Alloys.com]Chrome ore market remained stable last week as all the chrome ore prices kept the same as a week earlier. China’s domestic high-carbon ferrochrome prices went strong, adding that TISCO raised their tender price in March, which would play optimistic role for the chrome ore price in the coming weeks.

 

Spot prices of chrome ores remained stable last week. South Africa chrome ore concentrate 40-42% and 44% were mainly quoted at rmb29-30/mtu and rmb30-31/mtu, and lumpy 38% at rmb34-35/mtu; 42% Turkey lumpy at rmb45-46/mtu, concentrate 46-48% at rmb44-45/mtu; Iran lumpy 42% and Pakistan lumpy 42% were quoted at rmb44-45/mtu and Albania lumpy 42% at rmb46-47/mtu; Oman lumpy 32% and 38% were quoted at rmb33-35/mtu and rmb41-42/mtu. 

 

Futures prices of South Africa origin chrome ore 40-42%,concentrate, 44% concentrate and 36-38% lumpy were mainly quoted at $155-160/t, $170-175/t and $160-165/t respectively. Turkey origin 42% lumpy and 46-48% concentrate were quoted at $235-240/t and $260-265/t. Iran 42% lumpy and Pakistan 42% lumpy were quoted at $235-240/t and $240-245/t. Oman 38% lumpy, 32-34% lumpy and 30-32% lumpy were mainly quoted at $185-190/t, $150-155/t and $130-135/t respectively.

 

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