|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,680/mt ($400/mt) |
- RMB 30/mt (- $4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 179,500/mt ($26,845/mt) |
- RMB 3,000/mt (- $394/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 6.6863
Source: Steelhome