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On February 23rd, the total inventory of chromium ore in China was 2.97 million tons, an increase of 35,000 tons from last week.
Among them, South African chromium ore inventory was 2.719 million tons, accounting for 92% of the total inventory, an increase of 2% compared to last week. Türkiye's chrome ore inventory was 51,000 tons, and Zimbabwe's chrome ore inventory was 53,000 tons. During the Spring Festival, the number of arrivals to China remained stable, with South African resource imports accounting for the majority, but shipments are expected to decline in January. It is expected that the price of chromium ore will remain stable and slightly strong in the short term.
The inventory of chromium ore was 2,465,000 tons in Tianjin Port, an increase of 70,000 tons week on week. The inventory of South African chromium ore in Tianjin Port was 2.272 million tons, accounting for 92% of Tianjin Port's inventory, an increase of 1% compared to last week.