|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,340/mt ($362/mt) |
- (-) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 162,500/mt ($25,145/mt) |
+ RMB 2,500/mt (+ $378/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 6.4625
Source: Steelhome