Local Chinese chrome ore and ferrochrome prices - week 16

Friday, 23 April 2021 12:16:55 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$336.2/mt

+$1.8/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$197.3/mt

-$6.16/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

$8,800 RMB/mt

($1,355/mt)

-RMB 165/mt
(-$17.7/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 6.4934

Source: Steelhome


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