|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,710/mt ($404/mt) |
- RMB 20/mt (- $4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 182,500/mt ($27,239/mt) |
- (- $31/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 6.70
Source: Steelhome