Local Chinese chrome ore and ferrochrome prices - week 22

Friday, 29 May 2020 11:05:00 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$292.1/mt

-$2.3/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$219.1/mt

+$8.4/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,150/mt

($1,000/mt)

+ RMB 55/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 7.1481

Source: SteelHome


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