|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 1,770/mt ($273/mt) |
- RMB 10/mt (- $2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 117,500/mt ($18,104/mt) |
- RMB 1,500/mt (-$285/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. 4904
Source: Steelhome