Source | Destination | Product | Price | Price change | Sales term |
Turkey | China | Cr2O3 42% chrome ore lump | $364/mt | + $7/mt | VAT (FOT) |
S. Africa | China | Cr2O3 42% chrome ore concentrate | $318/mt | + $17/mt | VAT (FOT) |
China | Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 8,085/mt ($1,128/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 7.1699
Source: Steelhome