|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,390/mt ($375/mt) |
+ RMB 80/mt (+$13/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 164,000/mt ($25,754/mt) |
+ RMB 3,000/mt (+$489/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 6.3677
Source: Steelhome