Source of offer | Destination | Product | Price | Weekly price change | Sales term |
Turkey | Cr2O3 42% chrome ore lump | $536/mt | -$6/mt | VAT (FOT) | |
S. Africa | Cr2O3 42% chrome ore concentrate | $444/mt | -$7/mt | VAT (FOT) | |
Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 9,600/mt ($1,397/mt) | - (+$2/mt) | Ex-works |
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
The local Chinese market price includes 17 percent VAT.
$1 = RMB 6.87
Source: SteelHome