Source of offer |
Destination |
Product |
Price |
Price change |
Sales term |
Turkey |
China |
Cr2O3 42% chrome ore lump |
$542/mt |
-$12/mt |
VAT (FOT) |
S. Africa |
China |
Cr2O3 42% chrome ore concentrate |
$275/mt |
+$2/mt |
VAT (FOT) |
China |
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 7,800/mt ($1,177/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 6.63
Source: SteelHome