|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,470/mt ($209/mt) |
- RMB 100/mt (- $14/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 106,000/mt ($15,035/mt) |
- RMB 4,000/mt (- $568/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