|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,530/mt ($238/mt) |
+ RMB 60/mt (+ $11/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 109,000/mt ($16,952/mt) |
+ RMB 5,000/mt (+$927/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 6.43
Source: SteelHome