|
Product |
Price |
Weekly price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,240/mt ($185/mt) |
+ RMB 120/mt (+$19/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 99,000/mt ($14,732/mt) |
+ RMB 18,000/mt (+$2,714/mt) |
Ex-works |
The local Chinese market price includes 17 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 6.72
Source: SteelHome