|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,480/mt ($504/mt) |
- RMB 170/mt (- $23/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 247,000/mt ($35,738/mt) |
- (+ $65mt) |
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 6.9114
Source: Steelhome