Local Chinese chrome ore and ferrochrome prices - week 42, 2023

Friday, 20 October 2023 15:32:30 (GMT+3)   |   Istanbul
       

Source  

Destination  

Product  

Price  

Price change  

Sales term  

Turkey  

China  

Cr2O3 42% chrome ore lump  

$469/mt

 

-$7/mt

VAT (FOT)  

S. Africa  

China  

Cr2O3 42% chrome ore concentrate  

$400/mt

 

-$7/mt

VAT (FOT)  

China  

Local Chinese market  

FeCr55C 1000 ferrochrome (Sichuan)  

RMB 9,625/mt

($1,340/mt)

- RMB 165 /mt
( - $23/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 7.1793   

Source: Steelhome


Tags: China Far East 

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