|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,440/mt ($358.5/mt) |
- RMB 40/mt (- $9.4/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 161,000/mt ($23,655/mt) |
- RMB 9,000/mt (- $1,563/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 6.8063
Source: Steelhome