Local Chinese chrome ore and ferrochrome prices - week 17

Friday, 30 April 2021 12:16:18 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$330.2/mt

+$6/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$194.5/mt

+$2.8/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

$8,305 RMB/mt

($1,284/mt)

-RMB 495/mt
(-$71/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 6.4672

Source: Steelhome


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