|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,390/mt ($370/mt) |
- RMB 30/mt (-$5/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 161,000/mt ($24,922/mt) |
- RMB 2,000 /mt (-$339/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 6.4599
Source: Steelhome