Local Chinese chrome ore and ferrochrome prices - week 3

Friday, 20 January 2023 14:43:11 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$442/mt

- $2.3/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$372/mt

+ $5.3/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,790/mt

($1,446/mt)

-
(- $9/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 6.7702     

Source: Steelhome


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