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Print[Ferro-Alloys.com] this week the chrome ores spot price kept stable while some mines of futures continued to decrease. It was predicted that the Cr ores price would not be well then as the FeCr price was seen to go down in Oct..
In recent week the chrome ores spot price was quoted as below: Cr ore from South Africa with Cr 40-42% at RMB29-31/mtu while Cr 36-38% lumps at RMB35-36/mtu; Cr 42% lumps from Turkey was RMB48-49/mtu and Cr 46-48% powders was RMB45-46/mtu; meanwhile, all Cr 42% lumps from Iran, Pakistan and Albania declined by RMB1 to RMB48-49/mtu.
In futures market, chrome ore from South Africa with Cr 40-42% powders was USD176-180/mt ,decreasing by USD5/mt while Cr 44% at USD188-190/mt and Cr 36-38% lumps at USD170-175/mt; Cr 42% lumps from Turkey was USD270-272/mt ,falling by USD3/mt while Cr 46-48% powders at USD285-286/mt; Cr 42% from Iran was USD250-260/mt; Cr42% lumps from Pakistan at USD260-265/mt, declining by USD5/mt; Cr38% lumps from Oman at USD185-190/mt, decreasing by USD5/mt while Cr 32-34% lumps at USD150-155/mt and Cr 30-32% lumps at USD130-135/mt.
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