Local Chinese chrome ore and ferrochrome prices - week 44

Thursday, 31 October 2019 10:54:40 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$289/mt

-$6.3/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$208.3/mt

-$3.1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 7,095/mt

($1,004.9/mt)

- RMB 55/mt

(-$6.4/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 7.06

Source: SteelHome


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