|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,470/mt ($365.8/mt) |
- RMB 140/mt (- $21.2/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 169,000/mt ($25,029/mt) |
- RMB 6,000/mt (- $896/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 6.7522
Source: Steelhome