|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,570/mt ($223/mt) |
+ RMB 180/mt (+ $25/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 110,000/mt ($15,603/mt) |
+ RMB 11,000/mt (+ $1,500/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 7.05
Source: SteelHome