|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,580/mt ($226/mt) |
- RMB 180/mt (-$25/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 107,500/mt ($15,357/mt) |
-RMB 7,500/mt (-$1,025/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 7.00
Source: SteelHome