Local Chinese chrome ore and ferrochrome prices - week 12

Friday, 26 March 2021 15:37:34 (GMT+3)   |   Istanbul

Source

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$351.2/mt

+$1.2/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$234,2/mt

-$17/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

$8,700 RMB/mt

($1,476/mt)

-RMB 200/mt
(-$28/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 6.4859

Source: Steelhome

 

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