Local Chinese chrome ore and ferrochrome prices - week 9

Friday, 05 March 2021 14:12:56 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$336.4/mt

+$6.4/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$255.9/mt

+$6.5/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

$9,900 RMB/mt

($1,525/mt)

+ RMB 55/mt
(+$13/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 6.4904

Source: Steelhome


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