|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,970/mt ($432) |
- RMB 580/mt (- $87) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 197,000/mt ($28,668/mt) |
- RMB 43,000/mt (- $6,433/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 6.8717
Source: Steelhome