Weekly chrome ore and ferrochrome prices - week 35

Friday, 30 August 2019 12:32:27 (GMT+3)   |   Istanbul
       

Source of offer

Destination

Product

Price

Price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$291.65/mt

+ $10.9/mt

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$212.11/mt

+ $4.89/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 6,500/mt

($917/mt)

+ RMB 50/mt

(+ $9/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 7.09

Source: SteelHome


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