Local Chinese chrome ore and ferrochrome prices - week 14

Friday, 03 April 2020 17:44:23 (GMT+3)   |   Istanbul
       

                

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$280/mt

-$3/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$207/mt

+$25/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,765/mt

($951/mt)

+ RMB 165 /mt

(+$13.9/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 7.11

 

Source: SteelHome


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