Source of offer | Destination | Product | Price | Weekly price change | Sales term |
Turkey | Cr2O3 42% chrome ore lump | $402/mt | -$2/mt | VAT (FOT) | |
S. Africa | Cr2O3 42% chrome ore concentrate | $230/mt | -$1/mt | VAT (FOT) | |
Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 6,900/mt ($1,009/mt) | +RMB 100/mt (+$11/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 6.84
Source: SteelHome