Source |
Destination |
Product |
Price |
Price change |
Sales term |
Turkey |
Cr2O3 42% chrome ore lump |
$448/mt |
+ $17/mt |
VAT (FOT) |
|
S. Africa |
Cr2O3 42% chrome ore concentrate |
$399/mt |
+$5/mt |
VAT (FOT) |
|
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 9,900/mt ($1,375/mt) |
+ RMB 165/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 7.1881
Source: Steelhome