Source |
Destination |
Product |
Price |
Price change |
Sales term |
Turkey |
China |
Cr2O3 42% chrome ore lump |
$501/mt |
+ $14/mt |
VAT (FOT) |
S. Africa |
China |
Cr2O3 42% chrome ore concentrate |
$427/mt |
+ $10/mt |
VAT (FOT) |
China |
Local Chinese market |
FeCr55C 1000 ferrochrome (Sichuan) |
RMB 9,845/mt |
+ RMB 55/mt (+$14/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.
$1 = RMB 7.1106
Source: Steelhome