|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,770/mt ($250/mt) |
-RMB 20/mt (- $2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 118,000/mt ($16,690/mt) |
- RMB 6,000/mt (-$775/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 7.07
Source: SteelHome