|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,330/mt ($195/mt) |
+ RMB 30/mt (+$6/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 93,000/mt ($13,605/mt) |
+ RMB 3,000/mt (+$494/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 6.8359
Source: SteelHome