Source of offer | Destination | Product | Price | Weekly price change | Sales term |
Turkey | Cr2O3 42% chrome ore lump | $565/mt | +$29/mt | VAT (FOT) | |
S. Africa | Cr2O3 42% chrome ore concentrate | $465/mt | +$21/mt | VAT (FOT) | |
Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 9,300/mt ($1,354/mt) | -RMB 300/mt (-$43/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