Local Chinese chrome ore and ferrochrome prices - week 13

Friday, 27 March 2020 17:58:23 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$283/mt

+$6/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$182/mt

+$1.7/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,600/mt

($937.1/mt)

+ RMB 55 /mt

(+$15.9/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 7.0427


Tags: China Far East 

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