Local Chinese chrome ore and ferrochrome prices - week 33

Friday, 14 August 2020 17:30:13 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$280.4/mt

+$0.4/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$184.6/mt

-$0.4/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,765/mt

($974.7/mt)

-

(-$0.3/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 6.9405

 

Source: SteelHome


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