Local Chinese chrome ore and ferrochrome prices - week 42

Friday, 18 October 2019 17:43:32 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$294.10/mt

-1.2

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$213.9/mt

-0.9

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,260/mt

($1,023/mt)

-

(-$5/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 7.10

Source: SteelHome


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