|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,920/mt ($421.3/mt) |
+ RMB 270/mt (+ $37.8/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 195,000/mt ($28,136/mt) |
+ RMB 12,000/mt (+ $1,652/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 6.9305
Source: Steelhome