Source | Destination | Product | Price | Price change | Sales term |
Turkey | China | Cr2O3 42% chrome ore lump | $390/mt | - | VAT (FOT) |
S. Africa | China | Cr2O3 42% chrome ore concentrate | $367/mt | + $13mt | VAT (FOT) |
China | Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 8,745/mt ($1,219/mt) |
+ RMB 110/mt (+ $16/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consi$deration when calculating the weekly price changes.
$1 = RMB 7.1752
Source: Steelhome