Chromium Value Chain Price Benchmark Terminal
Chromium Value Chain Price Benchmark Terminal
International benchmarks, spot structure and downstream transmission
South African UG2/MG 42% Chrome Concentrate Benchmark CIF China
42% basis | CIF China | Weekly
Basis verified
South African 40-42% Chrome Concentrate CIF China
Dry metric tonne basis; not directly comparable with the UG2 USD/t basis
Basis verified
Tianjin Port South African 40-42% Chrome Concentrate Spot
Basis verified
China High-carbon Ferrochrome 50% Cr Derived Regional Reference
Basis verified
UG2/MG 42% Weekly Benchmark Trend
True weekly observations | no daily fillNote: the weekly benchmark normally updates each Tuesday; Fastmarkets MB-CHO-0003 is the authoritative benchmark source.
Global Chrome Ore Price Structure
| Identity / Indicator | Latest | Change | Effective | Frequency | Verification |
|---|---|---|---|---|---|
| BenchmarkSouth African UG2/MG 42% Chrome Concentrate Benchmark CIF China | 279.0USD/t | -9.0-3.13% | 2026-09-22 | Weekly | Basis verified ✓ |
| AssessmentSouth African 40-42% Chrome Concentrate CIF China | 276.5USD/dmt | -3.5-1.25% | 2026-09-28 | Daily | Basis verified ✓ |
| Structure watchTurkey 40-42% Chrome Lump Ore CIF China | 345.5USD/dmt | +2.5+0.73% | 2026-09-28 | Daily | Basis verified ✓ |
| Structure watchTurkey 46-48% Chrome Concentrate CIF China | 386.5USD/dmt | +1.5+0.39% | 2026-09-28 | Daily | Basis verified ✓ |
| Structure watchAlbania 40-42% Chrome Lump Ore CIF China | 350.0USD/dmt | 0.00.00% | 2026-09-28 | Daily | Basis verified ✓ |
| Structure watchPakistan 40-42% Chrome Lump Ore CIF China | 340.0USD/dmt | 0.00.00% | 2026-09-28 | Daily | Basis verified ✓ |
Note: prices are CIF China in USD; prices with different ore types, specifications or bases are not directly comparable.
Price Transmission Observation
Value-chain sequence, not verified causality.
Chrome ore feedstock
The weekly UG2 benchmark fell; no spread is calculated against the daily assessment because the bases differ.
Ferrochrome production
The derived regional spot reference changed modestly and is used only as a downstream transmission observation.
Mill procurement
The latest confirmed core mill tender range moved lower month on month.
Stainless steel market
No separate stainless price is included this period; final-stage transmission remains under observation.
Mill Tender Demand Summary
- 2026-10
- Tender month
- 7,595 - 7,795
- RMB/50 base tonne
- Core mill tender anchors moved lower month on month
- Confirmed 2 mills
FX & Cost
- USD/ZAR
- 16.3922Tracks the South African local-currency cost setting; it is not a chrome ore price.
- USD/CNY
- 6.7105Tracks the import settlement conversion setting; it is not a chrome ore price.
Comparability Basis
A spread is calculated only when grade, ore form, sizing, trade term, moisture basis and payment terms all match. This package does not calculate a spread between UG2 and the South African 40-42% daily assessment.
Data Status & Revisions
Ready means current and valid; not_due means the update is not yet due; delayed marks lateness; review marks verification; blocked removes the core value and chart. Effective date, publication time, collection update and snapshot time are stored separately.
Methodology & Disclaimer
Price facts come from standardized records; gaps are not replaced with zeroes, interpolation or synthetic flat points. The judgement supports industry research and is not investment, procurement or trading advice.