Benchmark: UG2 chrome ore, CIF China. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🇨🇳 CIF China (UG2) China · benchmark | CIF | 318.00 | Benchmark | The seaborne reference for chrome ore |
🇿🇦 UG2 (FOB) South Africa · top supplier | FOB | 284.00 | -34.00 (-10.7%)widening | PGM tailings byproduct; power/logistics constrained |
🇿🇼 Zimbabwe (FOB) Zimbabwe · growing | FOB | 298.00 | -20.00 (-6.3%)widening | Rising exports; ferrochrome ambitions |
🇹🇷 Turkey (lumpy) Turkey · metallurgical | FOB lumpy | 363.00 | +45.00 (+14.2%)stable | High-grade lumpy premium |
🇰🇿 Kazakhstan (high-grade) Kazakhstan · Kazchrome | Integrated feed | 378.00 | +60.00 (+18.9%)narrowing | High Cr:Fe integrated feed premium |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Indicative term structure · Backwardation
Converted from 318.00 USD/t · indicative FX
Chromite is traded in the bulk / ore segment, with price discovery referenced against OTC. The chart above shows the trailing indicative price path. Physical parcels of Chromite can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Seaborne 44% ore found a footing as Chinese alloy demand stabilised, with South African and Australian tonnes competing on freight.