|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,550 /mt ($240/mt) |
+ RMB 20/mt (+$4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 107,500/mt ($16,613/mt) |
+ RMB 3,000/mt (+$464/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 6.471
Source: Steelhome