|
Source of offer |
Destination |
Product |
Price |
Price change |
Sales term |
|
Turkey |
Cr2O3 42% chrome ore lump |
$295.30/mt |
- |
VAT (FOT) |
|
|
S. Africa |
Cr2O3 42% chrome ore concentrate |
$214.80/mt |
- |
VAT (FOT) |
|
|
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 7,260/mt ($1,027/mt) |
-RMB 110/mt (-$15/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. Meanwhile, due to the closed Chinese market during National Day holiday between October 1-7, the changes on the table above are as compared to the prices recorded on Week 39.
$1 = RMB 7.07
Source: SteelHome