|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,780/mt ($275/mt) |
+ RMB 230/mt ($35/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 1199,000/mt ($18,389/mt) |
+ RMB 6,000/mt (+$903/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 6.4713
Source: Steelhome