[Ferro-Alloys.com]South Africa origin chrome ore concentrate prices remained strong last week as the ores are still in great demand. And there is few stock compared with other ores in main ports.Most purchasers tended to purchase South Africa origin chrome ore concentrate, which made a short supply in spot market. The ores had been sold as soon as they were onshore, some traders stated.

 

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 rmb31-32/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, Pakistan lumpy 42% were quoted at rmb43-44/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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