The price of chrome concentrate in Zimbabwe has risen

Mondo Three rural Updated on 2024-02-27

Ferroalloys**》Zimbabwean chrome concentrate increased by 05 yuan tonnage, ** increase of 10 dollars tonne cif. The willingness of domestic and foreign market holders to raise prices is still eager to try, especially in the market, the high level of 48-50% Zimba flour (containers) has reached 375-380 US dollars and tons of CIF, but it has not been able to reach a deal for the time being.

Zimbabwe's chrome concentrate has been traded, and the main reason is that chrome ore merchants have been insisting. The spot inventory of high-grade chromium concentrate in the port is not high, especially after the fermentation of the Red Sea incident, the mismatch between supply and demand, the reluctance of port merchants to sell is more prominent, and many other factors are the reasons for supporting chrome spot merchants to blindly adhere to high prices.

Although the downstream low-carbon ferrochrome retail after the holiday, the production cost of the factory is still small, and in addition to the low-carbon ferrochrome plant just needs high-grade chromium concentrate production demand, some high-carbon ferrochrome plant production formula also needs high-grade chromium concentrate blending, downstream demand support, so miners also take advantage of the trend to raise **.

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