|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 4,500/mt ($668.7/mt) |
+ RMB 210/mt (+ $46.2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 301,000/mt ($44,730/mt) |
- (+ $1,051/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 6.7292
Source: Steelhome