|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,220/mt ($329.4/mt) |
- RMB 180/mt (- $25.9/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 154,000/mt ($22,847/mt) |
- RMB 10,000/mt (- $1,433/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 6.7405
Source: Steelhome