|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,430/mt ($209/mt) |
+ RMB 100/mt (+$14/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 98,000/mt ($14,336/mt) |
+ RMB 5,000/mt (+$731/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 6.836
Source: SteelHome