|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,320/mt ($358.6/mt) |
+ RMB 70/mt (+ $11.1/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 157,500/mt ($24,341/mt) |
+ RMB 3,000/mt (+ $482/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 6.4705
Source: Steelhome