Local Chinese chrome ore and ferrochrome prices - week 48

Friday, 29 November 2019 17:18:36 (GMT+3)   |   Istanbul

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$289.4/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$188.4/mt

-

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,710/mt

($951.7/mt)

- RMB 55/mt

(-$7.8/mt/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 7.05

Source: SteelHome

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