Local Chinese chrome ore and ferrochrome prices - week 37

Friday, 11 September 2020 12:23:28 (GMT+3)   |   Istanbul
       

 

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$284.6/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$194.4/mt

+$7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,765/mt

($989.6/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 6.836

 

Source: SteelHome


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