|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,670/mt ($254/mt) |
- RMB 50/mt (- $11/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 114,000/mt ($17,365/mt) |
- RMB 2,000/mt (- $289/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 6.5649
Source: Steelhome