Source of offer | Destination | Product | Price | Weekly price change | Sales term |
Turkey | Cr2O3 42% chrome ore lump | $563/mt | -$2/mt | VAT (FOT) | |
S. Africa | Cr2O3 42% chrome ore concentrate | $463/mt | -$2/mt | VAT (FOT) | |
Local Chinese market | FeCr55C 1000 ferrochrome (Sichuan) | RMB 9,800/mt ($1,422/mt) | +RMB 500/mt (+$68/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 6.89
Source: SteelHome