Source | Destination | Product | Price | Price change | Sales term | |
Turkey | China | Cr2O3 42% chrome ore lump | $421/mt | + $31/mt | VAT (FOT) | |
S. Africa | China | Cr2O3 42% chrome ore concentrate | $411/mt | + $44/mt | VAT (FOT) | |
China | Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 9,350/mt ($1,297/mt) |
+ RMB 605/mt (+$78/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consi$deration when calculating the weekly price changes.
$1 = RMB 7.2087
Source: Steelhome