|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 2,910/mt ($409.9/mt) |
- RMB 10/mt (- $7.7/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 191,000/mt ($26,902/mt) |
- RMB 5,000/mt (- $1,130/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 7.0998
Source: Steelhome