|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 4,000/mt ($561/mt) |
+ RMB 60/mt (+ $10/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 264,000/mt ($36,981/mt) |
+ RMB 5,000/mt (+ $735/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 7.1338
Source: Steelhome