Local Chinese chrome ore and ferrochrome prices - week 3

Friday, 17 January 2020 11:29:27 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$289.7/mt

+$2.1 /mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$193.1/mt

+$1.4/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,655/mt

($967.2/mt)

- RMB 55/mt

(+ $14.9/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 6.88

Source: SteelHome


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