Source of offer | Destination | Product | Price | Weekly price change | Sales term |
Turkey | China | Cr2O3 42% chrome ore lump | $399/mt | -$14/mt | VAT (FOT) |
S. Africa | China | Cr2O3 42% chrome ore concentrate | $300/mt | -$13/mt | VAT (FOT) |
China | Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 7,200/mt ($1,045/mt) | -RMB 100/mt (-$13/mt) | Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.89
Source: SteelHome