|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,960/mt ($306/mt) |
- RMB 120/mt (-$19/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 136,500/mt ($21,305/mt) |
- RMB 9,000/mt (-$1,435/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 6.4065
Source: Steelhome