Local Chinese chrome ore and ferrochrome prices - week 1

Friday, 03 January 2020 11:04:43 (GMT+3)   |   Istanbul, Shanghai
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$285.9/mt

+$0.8/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$190.6/mt

+$0.5/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,600/mt

($946.9/mt)

+ RMB 55/mt
(+ $10.6/mt)

Ex-works

The local Chinese market price includes 13 percent VAT. 

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

$1 = RMB 6.97

Source: SteelHome


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