|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,080/mt ($325/mt) |
- RMB 5,500/mt (-$22/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 145,500/mt ($22,741/mt) |
- RMB 5,000/mt (-$887/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 6.398
Source: Steelhome