|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,270/mt ($350.8/mt) |
- RMB 50/mt (- $7.2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 152,000/mt ($23,489/mt) |
- RMB 4,500/mt (- $683/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 6.4712
Source: Steelhome