|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,860/mt ($289/mt) |
+ RMB 10 (+$2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 126,000/mt ($19,596/mt) |
+ RMB 1,000 (+$224/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 6.43
Source: Steelhome