|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 3,940/mt ($551/mt) |
+ RMB 40/mt (+ $5/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 259,000/mt ($36,246/mt) |
+ RMB 4,000/mt (+ $491/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 7.1456
Source: Steelhome