Local Chinese chrome ore and ferrochrome prices - week 45

Friday, 06 November 2020 17:58:56 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$293.5/mt

+$4.1/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$188.7/mt

-$1.9/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,710/mt

($1.012/mt)

-

(+$14/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 6.629 

Source: SteelHome


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