|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,900/mt ($541/mt) |
+ RMB 180/mt (+ $19/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 260,000/mt ($36,084/mt) |
- RMB 20,000/mt (-$2,520/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 7.2054
Source: Steelhome