Local Chinese chrome ore and ferrochrome prices - week 43

Friday, 25 October 2019 11:45:54 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$295.3/mt

+$1.2/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$211.4/mt

-$2.5/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,150/mt

($1,011/mt)

- RMB110/mt

(-$12/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 7.07

Source: SteelHome


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