Local Chinese chrome ore and ferrochrome prices - week 49

Friday, 04 December 2020 17:37:27 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$297.05/mt

+$1.2/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$191.2/mt

- $0.1/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,710/mt

($1,024/mt)

-

( $4/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 6.5507

Source: SteelHome


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