Local Chinese chrome ore and ferrochrome prices - week 27, 2023

Friday, 07 July 2023 17:43:07 (GMT+3)   |   Istanbul
       

Source

Destination

Product

Price

Price change
(16.06.2023)

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$441/mt

- $5/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$385/mt

- $4/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 9,460/mt

($1,313/mt)

-  RMB 220/mt
(-$45/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 7.2054 

Source: Steelhome


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