Risen By US$100 Per Ton, Effective From 23rd April MMTC of India announced on the 23rd of April that floor prices for exports of Indian chrome ores have risen by US$100 per ton, effective immediately. These new floor prices are valid until the 30th June of 2010.
As a result of this rise, new floor prices (per metric ton FOB India) for exports are <> chrome concentrates (Cr2O3 = 50 / 48%) : US$430 and <> friable chrome ore (Cr2O3 = 50 / 48%) : US$440 respectively.
By taking into account of a current rise of prices for chrome ores in the international market, floor prices for exports of Indian chrome ores have risen as mentioned above. |