|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,710/mt ($525/mt) |
+ RMB 200/mt (+ $26/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 247,000/mt ($34,951/mt) |
+ RMB 12,000/mt (+ $1,550/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 7.067
Source: Steelhome