Weekly chrome ore and ferrochrome prices - week 19

Friday, 10 May 2019 11:47:56 (GMT+3)   |   Shanghai
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$334.51/mt

- $2.98/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$229.98/mt

- $2.04/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,950/mt

($1,021/mt)

-RMB 100/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 6.81 

Source: SteelHome


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