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Chromium Oxide Price Trend & Forecast

UNSPC code: 12352303
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⟳ Weekly Update
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Historical Data Since: 2015
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Forecast Period: FY 2027-28

chromium oxide Price Trends by Country

cnChina
jpJapan

Global Chromium Oxide Spot Market Prices, Chart, Trend Analysis And Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for Chromium Oxide across major global trading regions:

Chromium Oxide Regional Coverage Chromium Oxide Grade and Country Coverage Chromium Oxide Pricing Data Coverage Explanation
Asia-Pacific Chromium Oxide Pricing Analysis Chromium Oxide Purity (99% Min) FOB Prices at Shanghai Port, China Weekly Price Update on Chromium Oxide Real-Time Export Prices from Shanghai Port, China to Global Markets
Chromium Oxide Purity (99% Min) CIF Prices at Tokyo Port, Japan, Importing from China Weekly Price Update on Chromium Oxide Real-Time Import Prices at Tokyo Port, Japan from China

Chromium Oxide Price Forecasts & Market Foresight Q4 2026

Outlook: Stable to Mildly Bearish

Confidence: Moderate to High

Chromium Oxide prices are expected to remain largely stable with a mild bearish bias during Q4 2026 as adequate production levels and balanced inventories continue to support market availability.

Raw material costs for chromium compounds are anticipated to remain relatively stable, while export offers from China are likely to stay competitive. Demand from ceramic pigments, industrial coatings, refractories, construction materials, plastics, and specialty surface finishing applications is expected to improve gradually but remain largely need based.

Japanese import demand is likely to remain steady, supported by consistent manufacturing activity. Overall, balanced supply-demand fundamentals and stable logistics are expected to limit significant price volatility throughout the quarter.

Global Chromium Oxide Market Overview by Region (October – December 2026)

Country Grade / Incoterm Outlook
China Chromium Oxide Purity (99% Min) FOB Shanghai Stable to Mildly Bearish
Japan Chromium Oxide Purity (99% Min) CIF Tokyo (CHINA) Stable

*The Chromium Oxide Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Chromium Oxide Forecast

Access comprehensive Chromium Oxide market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Chromium Oxide Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in chromium ore and chromium chemical feedstock costs, producer operating rates, inventory levels, plant maintenance schedules, import-export activity, freight costs, downstream demand from pigments, ceramics, refractories, industrial coatings, plastics, and specialty surface treatment applications, together with geopolitical developments influencing the global Chromium Oxide market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected supply-demand balances, feedstock availability, industrial production trends, macroeconomic conditions, trade policies, downstream consumption, seasonal demand patterns, and long-term supply chain developments to support procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates

  • Chromium ore and chromium chemical feedstock economics
  • Plant operating rates and maintenance shutdowns
  • Inventory levels and supply-demand balance
  • Regional trade flows and freight movements
  • Import-export dynamics
  • Downstream demand from pigments, ceramics, refractories, coatings, plastics, polishing compounds, and specialty industrial applications
  • Macroeconomic and geopolitical developments

 

Track Chromium Oxide Supply Disruptions in Real Time

As geopolitical risks and operational disruptions continue to reshape global mineral and specialty chemical supply chains, stay ahead of the events influencing Chromium Oxide pricing by monitoring mining disruptions, refinery outages, plant maintenance, logistics bottlenecks, trade restrictions, shipping disruptions, and supply chain interruptions before they impact global Chromium Oxide markets.

Access the Price Watch™ GIO Tracker

Chromium Oxide Price Trend Q3 2026

In Q3 2026, global Chromium Oxide prices have declined moderately across the reported Chinese domestic and Japanese import markets. China and Japan have recorded similar quarterly decreases, indicating broadly aligned price movements across the regional supply chain.

Softer purchasing activity and cautious inventory management have limited opportunities for price recovery. Buyers have focused on controlling procurement costs amid uncertain consumption from pigment, paints, and coatings manufacturers.

Changes in production costs, supplier offers, and regional trade conditions have influenced market sentiment. Chinese supply availability has also affected domestic quotations and export-linked replacement costs in Japan.

The Chromium Oxide Price Chart has reflected a mild downward trend across both markets. The Chromium Oxide Price Index has remained under slight pressure as buyers have maintained disciplined procurement.

China: Chromium Oxide (99% Min) Domestic Prices Ex-Shanghai, China

The Chromium Oxide price trend in China has reflected restrained demand and limited upward pricing pressure. In Q3 2026, Chromium oxide prices in China decreased by 2.77% compared to the previous quarter.

Pigment manufacturers have maintained careful inventory management, limiting additional purchases to immediate production requirements. Demand from paints and coatings producers has influenced procurement activity, while competition among suppliers has constrained price increases.

Changes in production costs and raw material availability have also affected sellers’ pricing decisions. Domestic suppliers have focused on maintaining sales volumes and retaining customers through competitive quotations.

The market has remained relatively soft as buyers have continued negotiating for favorable prices. In September 2026, Chromium Oxide prices in China have declined moderately amid cautious domestic purchasing.

Japan: Chromium Oxide Import Prices CIF Tokyo from China, 99% Min

According to Price Watchâ„¢, the Chromium Oxide price trend in Japan has reflected softer Chinese supply quotations and cautious import procurement. In Q3 2026, Chromium oxide prices in Japan have decreased by 2.64% compared to the previous quarter.

Japanese importers have benefited from marginally lower replacement costs while maintaining disciplined purchasing schedules. Downstream pigment, paints, and coatings manufacturers have continued assessing inventory levels and near-term consumption requirements.

Freight charges, shipping conditions, and supplier offers have influenced landed prices at Tokyo. Competitive Chinese supply has limited sellers’ ability to maintain firmer quotations.

Importers have prioritized cost-effective sourcing and avoided excessive stock accumulation, contributing to the modest quarterly decline. In September 2026, Chromium Oxide prices in Japan have declined slightly for imported Chinese material.

Chromium Oxide Price Trend Analysis: Q2 2026

Chromium Oxide (Cr₂O₃) Price Trend Q2 2026

In Q2 2026, the worldwide Chromium Oxide (Cr₂O₃) market sustained a mild downward trend due to weak downstream demand, even with increased geopolitical tensions related to the USA-Israel versus Iran situation and the strategic risk to the Strait of Hormuz.

In contrast to numerous petrochemical products, Chromium Oxide prices have largely been shielded from Crude Oil volatility, as steady chromite ore availability restricts major fluctuations in production costs.

Demand for pigments, ceramics, refractories, polishing agents, and specialty coatings continued to fall short of expectations as purchasers employed cautious buying approaches and depended on their current stock.

Despite the rise in freight rates and marine insurance costs during the quarter, their effect on overall pricing is constrained because of sufficient regional supply and stable export availability. The Chromium Oxide Price Chart showed slight decreases in observed markets, while the Chromium Oxide Price Index revealed ongoing pricing pressure until June 2026 due to balanced supply and limited downstream demand.

China: Chromium Oxide (99% Min) Prices Ex Shanghai, China

The Chromium Oxide Price Trend in China declined by around 7% during Q2 2026 as subdued downstream demand continued to outweigh the limited impact of rising logistics costs. While the USA-Israel vs.

Iran conflict increased freight rates and marine insurance expenses across international trade routes, stable chromite ore availability prevented any significant escalation in manufacturing costs. Demand from pigment manufacturers, ceramic producers, refractory applications, specialty coatings, and polishing compound industries remained moderate, with buyers maintaining conservative procurement strategies and relying on existing inventories.

Producers continued operating at stable utilization rates, ensuring sufficient domestic availability throughout the quarter. The Chromium Oxide Price in China remained under pressure due to balanced supply conditions and cautious purchasing activity. In June 2026, Chromium Oxide Prices in China continued to soften slightly as downstream demand remained weaker than anticipated.

Japan: Chromium Oxide (99% Min) Import Prices CIF Tokyo from China

The Chromium Oxide Price Trend in Japan decreased by around 7% during Q2 2026 as lower Chinese export prices and subdued domestic demand weighed on import valuations. Although geopolitical tensions surrounding the USA-Israel vs. Iran conflict increased freight costs and shipping insurance premiums, the impact is largely offset by adequate product availability from Chinese suppliers and stable chromite ore costs.

Demand from pigment manufacturing, ceramics, refractories, precision polishing materials, and specialty industrial applications remained cautious, encouraging importers to purchase only against immediate production requirements. Inventory levels remained comfortable throughout the quarter, reducing the urgency for aggressive procurement.

The Chromium Oxide Price in Japan remained under mild downward pressure due to balanced supply and restrained downstream consumption. In June 2026, Chromium Oxide Prices in Japan remained stable to slightly lower as market participants continued cautious purchasing strategies.

Chromium Oxide Price Trend Q1 2026

In Q1 of 2026, key Asian markets for chromium oxide (Cr₂O₃) experienced decreased pricing on a quarter-to-quarter basis, with Cr₂O₃ prevailing prices from 7.08% to 7.33% overall. This decline has been primarily driven by lack of demand from downstream industries such as pigments, ceramics, and refractories, combined with sufficient inventories throughout the marketplace.

Various geopolitical events such as disruptions within Red Sea shipping routes and longer transit times led to further logistical uncertainty and volatile freight rates, although no definitive evidence has been uncovered that would indicate actual impacts on regional trade flows.

Except for slight impacts resulting from fluctuations in crude oil market price volatility, the chromite ore feedstock market has remained stable throughout this period so as such it hasn’t contributed to the decline in chromium oxide price trends.

Therefore, overall supply conditions have been determined to have been in balance and have continued to hold through the beginning of Q2 2026 due primarily to reduced downstream demand affecting pricing movements.

China: Chromium Oxide (99% min); Ex Shanghai

According to Price Watchâ„¢, In Q1 2026, Chromium Oxide prices in China showed a notable downward trend, influenced by weaker domestic demand across pigment and ceramic manufacturing sectors. The decline has been driven by reduced consumption from coatings, construction materials, and refractory industries, as buyers adopted cautious procurement strategies.

The Chromium Oxide price trend in China reflected sufficient supply availability, with producers maintaining steady operating rates throughout the quarter. Feedstock chromite ore prices remained relatively stable, limiting cost-driven price fluctuations.

Market participants focused on inventory management amid moderate industrial activity. In March 2026, Chromium Oxide prices in China decreased by 7.33% under Ex-Shanghai, indicating a bearish market environment.

Japan: Chromium Oxide (99% min); CIF Tokyo (CHINA)

The price of chromium oxide in Japan has been decreasing steadily since January 2026. Imports into Japan from China have been moderate due to a slow declining price trend across the region. The moderate consumption demand for pigment, ceramics and other specialty materials have driven the decrease in chromium price in Japan.

The Chromium oxide price trend in Japan has been consistent with balanced supply conditions as consistent imports from China have continued to provide adequate volume availability for buyers. The buyers’ conservative purchasing strategies have been utilized to control inventory levels.

Supply conditions have remained relatively stable, and feedstocks have provided limited cost-based pressure on factory prices. Between February and March 2026, the price for chromium oxide in Japan has decreased by7.08% under the CIF Tokyo market for all shipments.

Chromium Oxide Price Trend Analysis 2025

Chromium Oxide Price Trend Q1 2025

In Q1 2025, the global Chromium Oxide market remained under moderate pressure, as prices continued to decline slightly across key Asian markets due to cautious downstream procurement and sufficient supply availability. Demand from ceramics, pigments, and refractory sectors remained stable but lacked aggressive purchasing momentum following year-end inventory adjustments.

Chinese producers maintained balanced production levels, while stable chromite feedstock supply prevented major supply disruptions. Export demand from Japan remained moderate, with buyers focusing primarily on contractual procurement and controlled inventory management. Prices in China and Japan declined by 2.46% and 2.39% respectively during Q1 2025, reflecting a soft yet fundamentally balanced market environment.

China: Chromium Oxide Prices; Ex Shanghai, China; Purity 99% Min

In Q1 2025, Chromium Oxide prices in China softened moderately as downstream purchasing from ceramics, refractory, and pigment industries remained cautious during the post-holiday period. Buyers maintained conservative inventory strategies while limiting spot-market procurement amid sufficient domestic supply availability.

The Chromium Oxide price trend in China reflected stable chromite ore feedstock conditions and balanced producer operating rates, preventing sharper market corrections. Export shipments from Chinese ports continued steadily despite restrained overseas inquiries from regional buyers. During Q1 2025, Chromium Oxide prices under FOB China declined by 2.46%, indicating a mildly soft market tone amid controlled industrial procurement activity.

Japan: Chromium Oxide Prices; CIF Tokyo (CHINA); Purity 99% Min

In Q1 2025, Chromium Oxide prices in Japan declined slightly due to cautious downstream demand from ceramics and industrial coatings sectors. Importers maintained measured procurement activity while relying on existing inventories and long-term contractual supply arrangements from China.

The Chromium Oxide price trend in Japan reflected balanced import availability, supported by stable freight conditions and uninterrupted logistics operations. Market participants avoided aggressive spot-market purchasing amid moderate manufacturing activity during the quarter.

During Q1 2025, Chromium Oxide prices under CIF Japan declined by 2.39%, reflecting restrained procurement sentiment and stable overall supply-demand fundamentals.

Chromium Oxide Price Trend Q2 2025

In Q2 2025, the global Chromium Oxide market witnessed a strong upward recovery, as prices rebounded sharply across major Asian markets following improved downstream demand and tighter procurement activity.

Consumption from ceramics, pigments, refractories, and specialty coatings sectors strengthened considerably during the quarter, supported by improving industrial production and export-oriented manufacturing activity.

Chinese suppliers maintained stable operating rates, while firm procurement from overseas buyers supported stronger trade flows. Export demand from Japan increased steadily under both contractual and spot purchasing activity.

Prices in China and Japan surged by 14.10% and 13.76% respectively during Q2 2025, reflecting significantly improved market sentiment and stronger regional demand fundamentals.

China: Chromium Oxide Prices; Ex Shanghai, China; Purity 99% Min

In Q2 2025, Chromium Oxide prices in China increased sharply due to stronger downstream demand from ceramics, refractory, pigment, and specialty coating manufacturers. Domestic procurement activity improved significantly as industrial production expanded and buyers replenished inventories following weaker purchasing patterns in the previous quarter.

The Chromium Oxide price trend in China reflected balanced chromite feedstock availability alongside firmer export demand from Japan and broader Asian markets. Shipping operations from major Chinese ports remained stable, supporting uninterrupted overseas supply flows throughout the quarter.

During Q2 2025, Chromium Oxide prices under FOB China increased by 14.10%, signalling a strong market rebound supported by improving industrial consumption and export momentum.

Japan: Chromium Oxide Prices; CIF Tokyo (CHINA); Purity 99% Min

In Q2 2025, Chromium Oxide prices in Japan recorded a substantial increase, driven by stronger import demand from ceramics, industrial coatings, and specialty material sectors. Buyers increased procurement volumes aggressively to secure inventory coverage amid improving manufacturing activity and firmer supplier pricing from China.

The Chromium Oxide price trend in Japan reflected healthy import availability alongside stable freight conditions and efficient contractual shipments from Chinese exporters. Market sentiment strengthened considerably as downstream industries resumed higher operating rates during the quarter.

During Q2 2025, Chromium Oxide prices under CIF Japan increased by 13.76%, reflecting firm regional demand and renewed market confidence heading into the second half of 2025.

Chromium Oxide Price Trend Q3 2025

In Q3 2025, the global Chromium Oxide market showed a softening trend, as prices moderated across major regions. Supply from China stayed steady, but subdued downstream activity in the ceramics, coatings, and refractory sectors contributed to slight price declines. Export demand from Japan showed cautious procurement behaviour, with shipments focusing on consistent, contract-based volumes.

Chromium Oxide price trend across the quarter recorded modest corrections, ranging from ‑0.84% to ‑0.98% in September 2025, reflecting controlled volatility amid stable raw material supply. Overall, market fundamentals suggest a balanced-to-soft tone heading into Q4 2025, with limited upward pressure expected unless downstream demand recovers more strongly.

China: Chromium Oxide (99% min) | Ex Shanghai

In Q3 2025, Chromium Oxide prices in China showed a softening, influenced by moderate downstream demand from ceramics, coatings, and refractory applications. Producers maintained steady output, ensuring sufficient supply, while domestic consumption remained cautious, limiting aggressive buying activity. The Chromium Oxide price trend in China reflected stable chromite feedstock availability, which prevented sharper dips despite subdued industrial offtake.

Export shipments from Shanghai continued smoothly, though buyers preferred contractual agreements over spot purchases. Logistics and freight conditions were balanced, supporting market stability. In September 2025, Chromium Oxide prices in China under Ex Shanghai dropped by 0.98%, indicating a stable-to-slightly soft market tone through Q4 2025.

Japan: Chromium Oxide (99% min) | CIF Tokyo (CHINA)

According to Price Watchâ„¢, In Q3 2025, Chromium Oxide prices in Japan showed a modest decline, influenced by cautious procurement amid moderate downstream activity in ceramics and coatings sectors. Buyers limited speculative purchases while maintaining regular inventory levels, and ongoing projects remained restrained, preventing aggressive demand spikes.

The Chromium Oxide price trend in Japan reflected balanced import flows from China, supported by stable freight and currency conditions. Suppliers continued to meet contractual obligations efficiently, ensuring stable supply without major disruptions.

In September 2025, Chromium Oxide prices in Japan under CIF Tokyo went down by 0.84%, signalling a slightly soft-to-stable market tone, with incremental price adjustments likely in Q4 2025.

Chromium Oxide Price Trend Q4 2025

In Q4 2025, the global Chromium Oxide (Cr₂O₃) market showed a mild bearish trend across key regions, driven by softer downstream demand and balanced supply conditions. Consumption from pigments, ceramics, refractory materials, and metallurgical sectors remained stable but lacked strong momentum.

Chinese producers maintained steady operating rates, ensuring sufficient supply availability throughout the quarter. Feedstock chromite ore markets remained largely stable, providing limited cost support to manufacturers.

Export demand across Asia remained moderate, with buyers adopting cautious procurement strategies amid steady industrial activity. Overall, the market reflected balanced fundamentals with gradual price corrections expected to persist into early Q1 2026.

China: Chromium Oxide Prices; Ex Shanghai, China; Purity 99% Min

According to Price Watchâ„¢ , in Q4 2025, Chromium Oxide prices in China showed a moderate downward trend, influenced by softer demand from pigment and ceramic manufacturing sectors.

Stable production levels among Chinese suppliers ensured adequate domestic supply availability, while downstream consumption from refractory and metallurgical industries remained moderate.

The Chromium Oxide price trend in China reflected balanced supply conditions but cautious buying behaviour among end users. Feedstock chromite ore prices remained relatively stable, limiting cost-driven price fluctuations.

Market participants focused on inventory management amid steady production. In December 2025, Chromium Oxide prices in China decreased by 3.07% under Ex Shanghai, indicating a moderately bearish market tone.

Japan: Chromium Oxide Prices; CIF Tokyo (CHINA); Purity 99% Min

In Q4 2025, Chromium Oxide prices in Japan showed a slight downward trend, supported by moderate import demand from pigment, ceramics, and specialty material industries.

Manufacturing activity remained stable, though buyers adopted cautious procurement strategies to manage inventory levels. The Chromium Oxide price trend in Japan reflected balanced supply conditions, with consistent import volumes from Chinese suppliers ensuring availability.

Feedstock chromite ore markets remained stable, limiting production cost fluctuations. Freight conditions between China and Japan remained efficient, supporting uninterrupted trade flows. In December 2025, Chromium Oxide prices in Japan decreased by 2.32% under CIF Tokyo, reflecting a slightly bearish market environment.

Chromium Oxide Price Trend Q1 2024

In Q1 2024, the global Chromium Oxide market remained relatively stable, with prices showing only marginal fluctuations across key Asian regions. Demand from ceramics, pigments, and refractory sectors improved gradually following restocking activities after year-end inventory adjustments.

Chinese producers maintained balanced operating rates, while stable chromite ore availability supported consistent production costs. Export demand from Japan remained steady under contractual procurement patterns, limiting sharp spot-market volatility.

Prices in China and Japan recorded slight quarterly adjustments of -0.46% and +0.28% respectively, reflecting a balanced market environment with cautious downstream participation and adequate supply conditions.

China: Chromium Oxide Prices; Ex Shanghai, China; Purity 99% Min

In Q1 2024, Chromium Oxide prices in China experienced a marginal decline as downstream purchasing from ceramics and pigment manufacturers remained moderate after the Lunar New Year period. Domestic producers maintained stable operating rates, while sufficient feedstock availability prevented supply-side tightness.

The Chromium Oxide price trend in China reflected balanced export activity, supported by consistent overseas inquiries from Asian buyers despite cautious spot procurement. Freight and logistics conditions remained manageable, ensuring uninterrupted shipments from major ports. During Q1 2024, Chromium Oxide prices under FOB China declined by 0.46%, indicating a stable-to-soft market tone amid controlled inventory levels.

Japan: Chromium Oxide Prices; CIF Tokyo (CHINA); Purity 99% Min

In Q1 2024, Chromium Oxide prices in Japan showed a slight upward movement, supported by stable import demand from ceramics and specialty coatings sectors. Buyers maintained routine procurement to secure inventory coverage, while imports from China continued steadily without major logistical disruptions.

The Chromium Oxide price trend in Japan reflected balanced market fundamentals, aided by stable freight rates and moderate industrial activity. Importers largely preferred contractual purchasing over aggressive spot buying, contributing to limited volatility across the quarter. During Q1 2024, Chromium Oxide prices under CIF Japan increased by 0.28%, reflecting a firm yet controlled market environment.

Chromium Oxide Price Trend Q2 2024

In Q2 2024, the global Chromium Oxide market displayed a firmer trend, supported by improving downstream demand and stronger procurement activity across industrial sectors. Demand from pigments, refractories, and coatings industries improved gradually, particularly across Asian manufacturing markets.

Chinese suppliers operated at steady production levels, while stable raw material costs and controlled inventories supported market confidence. Export activity toward Japan remained healthy, aided by consistent contractual shipments and balanced logistics conditions.

Prices during the quarter increased moderately, with China and Japan recording gains of 1.10% and 1.19% respectively, indicating strengthening market sentiment heading into the second half of 2024.

China: Chromium Oxide Prices; Ex Shanghai, China; Purity 99% Min

In Q2 2024, Chromium Oxide prices in China increased moderately due to improving demand from ceramics, refractory, and industrial pigment manufacturers. Domestic market activity strengthened as downstream industries resumed procurement following stable manufacturing output growth.

The Chromium Oxide price trend in China reflected firm market fundamentals, supported by balanced chromite feedstock supply and disciplined producer inventories. Export inquiries from Japan and Southeast Asia improved steadily, while freight conditions remained stable through major Chinese ports.

During Q2 2024, Chromium Oxide prices under FOB China increased by 1.10%, signalling gradual market strengthening amid improving industrial consumption patterns.

Japan: Chromium Oxide Prices; CIF Tokyo (CHINA); Purity 99% Min

In Q2 2024, Chromium Oxide prices in Japan moved upward slightly, supported by consistent import demand from coatings, ceramics, and specialty materials sectors. Buyers maintained regular procurement cycles as industrial production activity improved moderately across key manufacturing industries.

The Chromium Oxide price trend in Japan reflected stable import availability from China alongside manageable shipping and logistics costs. Market participants continued prioritizing long-term supply agreements, reducing excessive spot-market volatility during the quarter. During Q2 2024, Chromium Oxide prices under CIF Japan increased by 1.19%, reflecting stable-to-firm market conditions supported by balanced regional demand.

Chromium Oxide Price Trend Q3 2024

In Q3 2024, the global Chromium Oxide market maintained a firm upward trajectory, supported by healthy industrial demand and improved export activity across Asia. Consumption from ceramics, pigments, refractories, and coatings sectors strengthened steadily, particularly in manufacturing-driven economies.

Chinese producers continued operating at stable production levels, while balanced feedstock supply supported cost stability throughout the quarter. Export demand from Japan remained active under structured procurement agreements, contributing to improved trade flows.

Prices in China and Japan increased by 2.44% and 3.02% respectively during Q3 2024, reflecting stronger downstream participation and firmer overall market sentiment.

China: Chromium Oxide Prices; Ex Shanghai, China; Purity 99% Min

In Q3 2024, Chromium Oxide prices in China strengthened further due to improved downstream consumption from ceramics, refractory, and pigment industries. Manufacturing activity across several industrial sectors supported higher procurement volumes, while producers maintained disciplined inventory management strategies.

The Chromium Oxide price trend in China reflected stable chromite ore availability alongside healthy export demand from Japan and other Asian markets. Shipping operations from Chinese ports remained efficient, supporting consistent overseas supply flows throughout the quarter. During Q3 2024, Chromium Oxide prices under FOB China increased by 2.44%, indicating sustained market firmness amid improving industrial demand fundamentals.

Japan: Chromium Oxide Prices; CIF Tokyo (CHINA); Purity 99% Min

In Q3 2024, Chromium Oxide prices in Japan recorded a moderate increase, driven by stronger import demand from coatings, ceramics, and specialty material applications. Buyers increased procurement activity to maintain adequate inventory coverage amid improving manufacturing output and stable economic conditions.

The Chromium Oxide price trend in Japan reflected healthy import flows from China, supported by balanced freight conditions and uninterrupted contractual shipments. Market sentiment remained firm as downstream industries maintained consistent purchasing patterns through the quarter. During Q3 2024, Chromium Oxide prices under CIF Japan increased by 3.02%, reflecting improved regional demand and firmer market momentum.

Chromium Oxide Price Trend Q4 2024

In Q4 2024, the global Chromium Oxide market witnessed a notable downturn, as prices softened across major Asian markets due to weaker downstream demand and cautious procurement behaviour. Consumption from ceramics, pigments, and refractory industries slowed amid year-end inventory adjustments and reduced manufacturing activity.

Chinese suppliers maintained sufficient inventory availability, while stable feedstock supply prevented major supply disruptions. Export demand from Japan weakened slightly as buyers limited spot purchases and focused on controlled procurement volumes.

Prices declined significantly during the quarter, with China and Japan recording corrections of 9.17% and 9.05% respectively, reflecting softer market sentiment entering 2025.

China: Chromium Oxide Prices; Ex Shanghai, China; Purity 99% Min

In Q4 2024, Chromium Oxide prices in China declined sharply due to subdued downstream demand from ceramics, pigments, and refractory manufacturers during the year-end period. Buyers adopted cautious procurement strategies while maintaining lean inventory positions, reducing spot-market trading activity.

The Chromium Oxide price trend in China reflected sufficient domestic supply availability, supported by stable chromite feedstock conditions and steady producer operating rates. Export inquiries weakened slightly as overseas buyers delayed bulk purchasing decisions amid softer industrial activity. During Q4 2024, Chromium Oxide prices under FOB China declined by 9.17%, signalling a distinctly soft market tone heading into early 2025.

Japan: Chromium Oxide Prices; CIF Tokyo (CHINA); Purity 99% Min

In Q4 2024, Chromium Oxide prices in Japan moved downward significantly, influenced by slower downstream consumption from ceramics and industrial coatings sectors. Importers maintained cautious buying strategies amid adequate inventory availability and softer manufacturing activity during the holiday season.

The Chromium Oxide price trend in Japan reflected balanced import supply from China, while stable freight conditions prevented excessive volatility despite weaker demand fundamentals. Buyers largely prioritized contractual purchases and delayed discretionary spot procurement throughout the quarter.

During Q4 2024, Chromium Oxide prices under CIF Japan declined by 9.05%, reflecting softer market conditions and restrained procurement sentiment entering Q1 2025.

Technical Specifications of Chromium Oxide Price Trends

Product Description

Chromium Oxide (Cr₂O₃) is a versatile inorganic compound widely used as a green pigment and in various industrial applications. It offers excellent chemical stability, high corrosion resistance, and strong thermal durability, making it a reliable and cost-effective choice for ceramics, coatings, refractory materials, and polishing compounds. Its properties can be tailored through particle size and surface treatment, providing enhanced colour strength, stability, and performance for applications requiring long-lasting durability and resistance to harsh environments.

Identifiers and Classification:

  • CAS No – 91308-38-9
  • HS Code – 28191010
  • Molecular Formula – Crâ‚‚O₃
  • Molecular Weight (in gm/mol) – 151.99


Chromium Oxide Synonyms:

  • Chromium (III) Oxide
  • Chromia
  • Chromium Sesquioxide
  • Chrome Green


Chromium Oxide (Cr₂O₃) Grades Specific Price Assessment:

  • Chromium Oxide (99%) Green Grade Price Trend


Chromium Oxide (Cr₂O₃) Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 40-80 MT
  • Packaging Type (Product & Country Specific): 1MT Bag


Incoterms Referenced in Chromium Oxide Price Reporting

Shipping Term  Location  Definition 
FOB Shanghai  Shanghai, China  CO Export price from China 
CIF Tokyo (CHINA)  Tokyo, Japan  CO import price in Japan from China 

*Quotation Terms refers to the quantity range specified for the Chromium Oxide being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Chromium oxide packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Chromium Oxide (Cr₂O₃) Manufacturers

Manufacturer 
Hebei Chromate Chemical Co., Ltd., China 

Chromium Oxide Industrial Applications

Chromium Oxide Market Share End Use

Historically, several events have caused significant fluctuations in Chromium Oxide prices

  • Russia-Ukraine Conflict (2022–Present):
    The conflict disrupted energy markets and industrial supply chains across Europe, increasing manufacturing and transportation costs for Chromium Oxide pigments used in paints and protective coatings.
  • South African Chromite Supply Disruptions (2021–Present):
    Rail bottlenecks, mining disruptions, and port congestion in South Africa tightened chromite ore availability, affecting Chromium Oxide pigment production costs globally.
  • Environmental Regulations in China (2019–Present):
    Stricter environmental inspections on chromium-processing facilities increased compliance costs and temporarily reduced pigment production capacity, supporting higher Chromium Oxide prices.
  • Growth in Infrastructure and Protective Coatings Demand (2017–Present):
    Rising infrastructure investments and industrial maintenance activities increased consumption of Chromium Oxide pigments in anti-corrosion coatings, industrial paints, and construction materials.
  • Global Energy Price Volatility (2021–2023):
    Rising electricity, coal, and fuel prices significantly increased production costs for Chromium Oxide pigments, particularly in China, where pigment manufacturing is energy intensive.
  • COVID-19 Pandemic (2020–2021):
    Industrial shutdowns initially reduced demand from decorative paints, industrial coatings, and construction pigments. However, recovery in infrastructure and manufacturing activities later supported stronger pigment demand.
  • US-China Trade Tensions (2018–2020):
    Trade disputes disrupted global pigment supply chains and created uncertainty for Chromium Oxide exports used in paints, coatings, and specialty color applications.
  • Raw Material and Freight Inflation (2021–2022):
    Elevated shipping costs and higher raw material prices increased the landed cost of Chromium Oxide pigments for paint and coating manufacturers worldwide.

 

These events highlight the Chromium Oxide market’s sensitivity to energy costs, chromite ore availability, environmental regulations, and industrial coatings demand, particularly within the paints and pigments sector.

Why Price Watchâ„¢?

Price Watchâ„¢ is your trusted resource for tracking global chromium oxide price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the chromium oxide market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watchâ„¢ keeps you fully informed of market dynamics.

In addition, Price Watch™ provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With Price Watch™, you gain a competitive edge in understanding all the elements that influence chromium oxide prices worldwide. Stay ahead of the curve with Price Watch’s™ reliable, accurate, and timely chromium oxide market data.

Track Price Watch'sâ„¢ chromium oxide price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Chromium Oxide Market Price Trend published by Price Watchâ„¢ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watchâ„¢ assumes no liability for decisions taken based on this information.

Chromium Oxide (Cr₂O₃), commonly known as chrome green, is a stable inorganic pigment widely used across industrial applications including coatings, ceramics, refractories, metallurgy, and polishing compounds. It provides excellent color stability, corrosion resistance, and high-temperature durability. Its price directly impacts downstream industries such as construction materials, industrial coatings, foundry applications, and specialty ceramics.

Since Chromium Oxide is produced from chromite ore through energy-intensive processing, fluctuations in mining output, raw material availability, and energy costs significantly influence pricing. Price-Watchâ„¢ tracks these prices to help businesses stay informed.

Chromium Oxide prices vary across regions including China, Japan, Europe, and India, and are typically quoted per metric ton under ex-works, FOB, or CIF terms. Prices fluctuate based on supply-demand dynamics, chromite ore costs, and energy prices. Regional factors such as logistics expenses, currency movements, and inventory levels also influence pricing differences.

Import-dependent markets may face higher volatility compared to regions with local production. Price-Watchâ„¢ provides real-time price assessments across global markets to support procurement and planning decisions.

Chromium Oxide prices fluctuate due to changes in chromite ore costs, energy prices, and production conditions. Demand from pigments, ceramics, refractories, and metallurgical applications plays a major role in shaping price trends. Production factors such as plant operating rates, environmental regulations, and processing costs influence supply availability. Export competitiveness from China, logistics costs, and industrial activity levels further impact pricing. Seasonal demand in construction and manufacturing sectors, along with macroeconomic conditions, also contribute to price volatility in the Cr₂O₃ market.

The largest consumers of Chromium Oxide are pigment manufacturers, particularly for paints, coatings, and construction materials where green pigments are required. Ceramics and tile industries also use Cr₂O₃ extensively for coloring and durability.

Additional demand comes from refractory materials used in high-temperature industrial processes, as well as metallurgical applications. Polishing compounds and specialty abrasives represent niche demand segments. Infrastructure development and industrial manufacturing significantly influence consumption patterns. Price-Watchâ„¢ analyzes demand trends across these industries.

Chromium Oxide is produced from chromite ore (FeCr₂O₄), which is mined primarily in countries such as South Africa, Kazakhstan, India, and Turkey. The ore undergoes chemical processing, including roasting and purification, to produce high-purity Cr₂O₃ pigment. Production facilities are often located near mining regions or industrial processing hubs. The manufacturing process is energy-intensive and closely tied to mining and metallurgical supply chains, making feedstock availability and processing costs key factors influencing supply and pricing dynamics.

China is the dominant exporter of Chromium Oxide globally, supported by its large-scale production capacity and cost advantages. Other countries such as India and some European producers also participate in export markets, particularly for specialty or high-purity grades. Export flows depend on domestic demand, chromite ore availability, and global trade conditions. Import-dependent regions such as Japan and Southeast Asia rely heavily on Chinese supply. Price Watchâ„¢ tracks these export patterns to support sourcing decisions.

Global supply of Chromium Oxide is generally balanced, supported by steady chromite mining and production capacity. However, supply disruptions can occur due to mining constraints, environmental regulations, or logistical challenges. Strong demand from pigments, ceramics, or refractory industries can tighten supply during peak periods. Conversely, slower industrial activity can lead to oversupply conditions. Price Watchâ„¢ monitors these supply-demand dynamics to identify potential market imbalances.

Chromium Oxide is available in different grades based on purity, particle size, and application requirements. Standard pigment grades are widely used in coatings and ceramics, while high-purity grades are used in specialty applications such as polishing compounds and advanced ceramics. Variations in processing methods and quality specifications influence pricing. Fine particle size and higher purity materials typically command premium prices. Price Watchâ„¢ provides pricing insights across different grades.

When demand rises sharply, particularly from construction, ceramics, or pigment sectors, Chromium Oxide prices typically increase due to tighter supply availability. Producers may prioritize long-term contracts, while spot buyers face higher prices and limited supply. Since production depends on chromite ore supply and processing capacity, output cannot be rapidly expanded. This leads to short-term price spikes and increased procurement competition. Price Watchâ„¢ captures these market movements in real time.

Energy is a key cost component in Chromium Oxide production due to high-temperature processing and refining requirements. Increases in electricity, fuel, and gas prices raise production costs, which are passed on to buyers. Mining and transportation of chromite ore also depend on energy inputs, making pricing sensitive to energy market fluctuations. Regions with lower energy costs tend to have more competitive pricing. Price Watchâ„¢ analyzes these cost relationships.

Chromium Oxide prices vary across regions due to differences in chromite ore availability, production capacity, energy costs, logistics expenses, and demand strength. Regions with strong mining and processing capabilities typically offer lower prices, while import-dependent markets face higher costs due to freight and supply risks. Currency fluctuations and trade policies also influence pricing. Price Watchâ„¢ tracks these regional differences globally.

The Chromium Oxide market outlook depends on chromite ore supply trends, energy costs, and demand from pigments, ceramics, and refractory industries. Mining output, environmental regulations, and industrial activity levels also influence pricing direction. Seasonal demand patterns and macroeconomic conditions further shape the market. Price Watchâ„¢ provides detailed forecasts based on comprehensive supply-demand analysis.

Yes. Accurate forecasts help businesses optimize procurement timing, manage costs, and negotiate contracts effectively. Anticipating price increases allows early purchasing, while expected declines enable delayed procurement strategies. This improves budgeting and reduces risk. Price Watchâ„¢ provides actionable insights.

Global events such as mining disruptions, environmental regulations, trade restrictions, or logistical challenges can significantly impact Chromium Oxide supply and pricing. Changes in industrial demand and economic conditions also influence market dynamics. Price Watchâ„¢ provides timely updates on such developments.

Price Watchâ„¢ provides accurate global price assessments, market insights, and forecasts with comprehensive coverage of the Chromium Oxide market.

Access Real-Time Chromium Oxide Price Trends
Access Real-Time Chromium Oxide Price Trends