|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 4,230/mt ($587/mt) |
- RMB 70/mt (- $14/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 284,000/mt ($39,441/mt) |
- RMB 7,000/mt (- $1,208/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 7.2006
Source: Steelhome