|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,400/mt ($214/mt) |
- (-$3/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 99,000/mt ($15,138/mt) |
+ RMB 1,000/mt (-$55/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 6.54
Source: SteelHome