keywords :
The market price of chromium ore remained stable. In terms of future market, after the transaction price of UG2 concentrates in South Africa was basically accepted by the domestic market, most futures ores transactions were carried out on the basis of last week's price. The chromium ore inventory in the northern port was lower than that in the early stage. Some cargo holders expressed some optimism about the future market. However, affected by the tightening of power restriction, the factory procurement cycle was prolonged, which had a certain impact on the futures ore price. It is expected that the future market price will be stable temporarily. It is reported that although the Turkey chrome ores prices are at high level, the transaction is not active. Many buyers are not interested in purchasing the ore at high prices.
In terms of spot goods, the factory's pre festival goods preparation has a certain driving effect on the market, the market inquiry has increased compared with last week, and the willingness of some traders to ship goods before the China's National Day festival has increased. It is expected that the chromium ore market will stabilize in the short term.