TABLE 3
TIME-VALUE1 RELATIONSHIPS FOR CHROMITE ORE
(Average annual value, dollars per metric ton of contained chromium)


Not more than 40%   More than 40% but      46% or more
chromic oxide       chromhc o6.d        chromic oxide       Total, all grades
Year                          chromic oxide
Actual Constant  Act Constant           Constant             Constant
Actual   Collsant   Actual    dolr      Actalal   dla       Actual     dollar
dollar             dollar               dollar               dla
1963      86       315       40        146        63       232        54
        197
1964      84       302       44        157        59       212        57
        205
1965      88       309       48        169        59       208        59
        209
1966      82       279       45        154        62       211        58
        198
1967      87       289       48        159        66       218        62
        205
1968      81       256       45        142        60       191        59
        185
1969      75       226       51        153        66       198        64
        192
1970      85       243       53        151        90       256        79
        226
1971      98       265       58        157        98       264        87
        235
1972      99       254       62        159        94       242        89
        230
1973     104       252       55        132        93       225        82
        199
1974     109       244       67        150       104       231        96
        213
1975     178       362      101        206       209       425        175
       355
1976     222       425      146        279       262       501       212
        405
1977     235       421      166        296       254       454       206
        368
1978     230       381      177        293       185       307       200
        331
1979     240       367      187        285       232       354       215
        329
1980     288       402       195       272       189       263       222
        310
1981     266       337      192        244       184       234       219
        277
1982     293       350      201        239       213       254       229
        273
1983     359       412      172        198       166       190        194
       223
1984     403       443      141        154       156       172        186
       204
1985     261       277       160       170       160       169        184
       195
1986     218       225       145       149       146       151        163
       169
1987     185       185       160       160       155       155        168
       168
1988     241       232      269        259       187       180       229
        220
1989     292       269      290        267       247       228       271
        250
1990     313       276      228       r201       237       209       242
        214
1991     562       477      209       r178       263       223       232
        197
1992     368       304      214        177       213       176       226
        187
1993     506       P407     204       P164       190      P153        196
      P158
PPreliminary. 'Revised.
'Customs value per ton of chromium contained in imported material.
NOTE.-Constant dollar value is actual value multiplied by gross domestic
product (GDP) ratio. GDP ratio is 1987
GDP divided by annual GDP index. GDP ratio calculated as the ratio of GDP
indices reported in Economic Report of
the President, U.S. Government, Feb. 1992, available from Superintendent
of Documents, U.S. Government Printing
Office.


CHROMIUM-1993




226