|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 4,080/mt ($569/mt) |
-RMB 200/mt (-$27/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 274,000 /mt ($38.199/mt) |
-RMB 11,000/mt (-$1,502/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 7.1729
Source: Steelhome