Local Chinese chrome ore and ferrochrome prices - week 31

Friday, 31 July 2020 12:02:32 (GMT+3)   |   Istanbul
       

 

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$278.7/mt

-$5,3/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$183.5/mt

+$0.9/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,765/mt

($969/mt)

- RMB 55/mt

(-$3/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 6.9811

 

Source: SteelHome


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