|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,390/mt ($488/mt) |
- RMB 90/mt (- $16/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 228,000/mt ($32,815/mt) |
(- $2,923) |
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 6.9481
Source: Steelhome