|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,880/mt ($401/mt) |
- RMB 320/mt (-$45/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 192,000 /mt ($26,767/mt) |
- RMB 24,000/mt (-$3,328/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 7.1728
Source: Steelhome