Weekly chrome ore and ferrochrome prices - week 18

Friday, 05 May 2017 17:33:46 (GMT+3)   |   Shanghai
       

 

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$499/mt

-$36/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$399/mt

-$36/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,300/mt

($1,350/mt)

-RMB 300/mt

(-$41/mt)

Ex-works

The local Chinese market price includes 17 percent VAT.

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.

$1 = RMB 6.89

Source: SteelHome


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