|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,780/mt ($531/mt) |
- RMB 40/mt (- $7/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 247,000/mt ($34,732/mt) |
- RMB 5,000/mt (-$791/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 7.1115
Source: Steelhome