|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,290/mt ($355/mt) |
- RMB 100/mt (-$15.5/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 156,000/mt ($24,201/mt) |
- RMB 5,000 /mt (-$775.6/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 6.446
Source: Steelhome