PRICING NOTICE: Amendment to frequency of assessments of chrome ore inventories at major Chinese ports

Fastmarkets MB has decided to increase the frequency of the assessment for chrome ore inventories at the main Chinese ports of Tianjin, Qinzhou, Lianyungang and Shanghai to weekly from fortnightly on Monday June 24.

Following a month-long market consultation, Fastmarkets MB received feedback that confirmed it should begin assessing chrome ore inventories at the aforementioned major Chinese ports every Monday. The next publication date is July 1.

Fastmarkets thinks it is crucial to track and update the key indicator more frequently, given that market participants have been paying more attention to the volatile swings in chrome ore inventory levels.

China is the largest global consumer of chrome ore, making it an important indicator of market fundamentals, so chrome ore inventory changes at major Chinese ports have drawn growing attention from suppliers and buyers that require a tool to monitor any changes in stocks flows for the key steel raw material.

Additionally, it is widely acknowledged in the market that changes in port inventories could have an influence on overall sentiment and even play a role in determining the price trend.

Therefore, this chrome ore port inventory assessment, together with Fastmarkets MB’s existing chrome ore South Africa UG2 concentrate index and chrome ore cfr main Chinese ports Turkish lumpy price assessment, will provide market participants with a comprehensive picture of the chrome ore market in China.

To provide feedback on these assessments or if you would like to provide price information by becoming a data submitter to this assessment, please contact Amy Lv by email at Please add the subject heading FAO: Amy Lv, re: China chrome ore inventory assessments.

To see all Fastmarkets MB’s pricing methodology and specification documents, please go to

What to read next
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.
Fastmarkets will discontinue its consumer buying price assessments for machine shop turnings in the Cleveland and Pittsburgh markets effective Tuesday June 6.
Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May
Fastmarkets is inviting feedback on a change of publishing time for our ferro-chrome price in the Chinese domestic market as well as ferro-chrome import prices in Japan and South Korea, to 5-6pm Shanghai time from 2-3pm London time.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.