Source of offer |
Destination |
Product |
Price |
Price change |
Sales term |
Turkey |
China |
Cr2O3 42% chrome ore lump |
$525/mt |
-$17/mt |
VAT (FOT) |
S. Africa |
China |
Cr2O3 42% chrome ore concentrate |
$266/mt |
-$9/mt |
VAT (FOT) |
China |
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 7,600/mt ($1,145/mt) |
-RMB 200/mt (-$32/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 6.64
Source: SteelHome