Weekly chrome ore and ferrochrome prices - week 52

Friday, 30 December 2016 15:21:28 (GMT+3)   |   Shanghai
       

 

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$580/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$502/mt

-$14/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 10,600/mt ($1,527/mt)

- RMB 200/mt

(-$29/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


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