Export prices for CNF South Korea (10-50mm, HC 60%) Producers have raised their offers in the market.ĭomestic prices for Ferro Chrome in India is assessed to be in the range of INRħ4,000/MT to INR 75,000/MT. With theĭepiction of supply tightness in the global market in the upcoming period Indian However, in SouthĪfrica, power tariffs are going up and the supply is going down. Therefore, theīuyers are showing reluctance in buying any stock further as the prices in theĭomestic market would reduce once the VAT is down at 13%. InĬhina, there is decrease in VAT rates – from 16% to 13% which would have beenĮffective from 1st Apr’19, but the notification is still awaited. Indian Ferro Chrome prices increased amid improved global market conditions. Prices in India and tighter Ferro Chrome supply expected in the coming days Indian producers are also trying to push up the prices on higher Chrome Ore Outlook, global buyers are likely to follow the Chinese market and globalįerro Chrome prices are expected to go up in line with Chinese Prices. Export prices for CNF South Korea (10-50mm, Upcoming period Indian producers have raised their offers in the market.ĭomestic prices for Ferro Chrome in India is assessed to be in the range of
With the depiction of supply tightness in the global market in the However, in South Africa, power tariffs are going up and the supply is goingĭown. The prices in the domestic market would reduce once the VAT is down at 13%. Therefore, the buyers are showing reluctance in buying any stock further as
In China, there is decrease in VAT rates – from 16% to 13% which would haveīeen effective from 1st Apr’19, but the notification is still awaited.
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