|
Product |
Price |
Weekly price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,370/mt ($205/mt) |
- RMB 70/mt (-$11/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 101,000/mt ($15,143/mt) |
- RMB 9,000/mt (-$1,473/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 6.67
Source: SteelHome