Source of offer |
Destination |
Product |
Price |
Price change |
Sales term |
Turkey |
Cr2O3 42% chrome ore lump |
$499/mt |
+$20/mt |
VAT (FOT) |
|
S. Africa |
Cr2O3 42% chrome ore concentrate |
$307/mt |
+$10/mt |
VAT (FOT) |
|
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 8,000/mt ($1,250/mt) |
RMB 100/mt (+$21/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 6.40
Source: SteelHome