Weekly chrome ore and ferrochrome prices - week 34

Friday, 25 August 2017 15:02:23 (GMT+3)   |   Shanghai

Source of offer

Destination

Product

Price

Weekly price change

Sales term

Turkey

China

Cr2O3 42% chrome ore lump

$516/mt

-

VAT (FOT)

S. Africa

China

Cr2O3 42% chrome ore concentrate

$295/mt

+$30/mt

VAT (FOT)

China

Local Chinese market

FeCr55C 1000 ferrochrome (Sichuan)

RMB 8,800/mt

($1,321/mt)

+RMB 600/mt

(+$92/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 6.66

Source: SteelHome

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