|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,310/mt ($185/mt) |
- RMB 80/mt (- $11/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 91,000/mt ($12,883/mt) |
- RMB 6,000/mt (- $786/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 7.0638
Source: SteelHome