|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,480/mt ($209/mt) |
- - |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 103,000/mt ($14,589/mt) |
+ RMB 4,000/mt (+ $612/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 7.06
Source: SteelHome