|
Product |
Price |
Weekly price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,340/mt ($201/mt) |
- RMB 30/mt (-$4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 96,000/mt ($14,414/mt) |
- RMB 5,000/mt (-$729/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 6.66
Source: SteelHome