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In terms of supply and demand: Due to inventory risks, there has been a slight decrease in the quoted prices for South African chrome ore spot. The new transaction price of South African chrome concentrate 40-42% futures remains at $320/ton, and the chrome ore futures price is relatively firm. At present, Türkiye's chrome ore is limited by its own supply, and the shipping container freight is high. The offer is firm and there is no obvious change.It is expected that chrome ore will operate stably in the short term.
In terms of cost, the exchange rate between the US dollar and the Chinese yuan is 7.2504, resulting in high shipping costs and overall high import costs.