|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,380/mt ($196/mt) |
- RMB 110/mt (-$14/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 98,000/mt ($13,915/mt) |
-RMB 5,000/mt (-$581/mt) |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 7.0427