|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,860/mt ($291/mt) |
- (+ $2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 124,000/mt ($19,418/mt) |
- RMB 2,000 (- $178/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 6.3858
Source: Steelhome