|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,430/mt ($376.4/mt) |
- RMB 10/mt (- $1.4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 163,000/mt ($25,245/mt) |
- RMB 2,000/mt (- $305/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 6.4566
Source: Steelhome