|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,500/mt ($487/mt) |
- RMB 290/mt (-$41/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 227,000 /mt ($31,626/mt) |
- RMB 31,000/mt (-$4,308/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 7.1775
Source: Steelhome