|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,550/mt ($221/mt) |
-RMB 100/mt (- $13/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 103,000/mt ($14,714/mt) |
- RMB 9,000/mt (-$1,150/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 7.00
Source: SteelHome