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Chinese Chrome Ore Stock Increased and Chrome Ore Prices in Chinese Ports Slipped

Ferro-alloys.com: Chrome ore prices in Chinese? ports remained weak in last two weeks.
Though the SA chrome ore USD prices held in the last several weeks, the stock kept
increasing from Mar1 to Mar 20. Currently, the stock of chrome ore is at 2.6mmt. Because of
poor demand from FeCr plants and the instant arrival of chrome ore cargoes, the consumption
of chrome ore is limited and the price of SA chrome ore concentrates Cr 40/42 goes down from
41yuan/dmt, to 39yuan/dmt. In a word, the increasing stock of chrome ore will pose negative

influence on chrome ore prices in Chinese ports.

For the local suppliers in SA, they hold the price for the exporting price of SA chrome ore

to Chinese ports under the influence of rand appreciation and robust demand from Chinese
plants which buy chrome ore directly through local SA chrome ore suppliers in SA.

• [責(zé)任編輯：Zhao Xiaobo]