Source of offer | Destination | Product | Price | Weekly price change | Sales term |
Turkey | China | Cr2O3 42% chrome ore lump | $580/mt | +$2/mt | VAT (FOT) |
S. Africa | China | Cr2O3 42% chrome ore concentrate | $516/mt | -$21/mt | VAT (FOT) |
China | Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 10,800/mt ($1,556/mt) | - RMB 150/mt (-$17/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 6.94
Source: SteelHome