|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,740/mt ($266/mt) |
+ RMB 70/mt (+$12/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 116,000/mt ($17,735/mt) |
+ RMB 2,000/mt (+ $350/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 6.5409
Source: Steelhome