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The futures chrome ore remained stable at a high level. After the transaction price of South African chrome ore futures and the offer price of Türkiye chrome ore futures rose last week, the spot transaction price of South African powder rose slightly due to the cost. The spot market of Türkiye's chrome ore has few resources.
This week, the market has accepted the high price of Türkiye's spot chrome ores in China. At present, the price of Türkiye's chrome concentrate 46-48% is about 78-80 yuan/dmtu, an increase of 1 yuan/dmtu. In the short term, chrome ore market is expected to maintain a strong and stable price trend supported by demand.