|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,650/mt ($234/mt) |
-RMB 120/mt (- $16/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 112,000/mt ($15,864/mt) |
- RMB 6,000/mt (-$826/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 7.06
Source: SteelHome