|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 4,300/mt ($601/mt) |
+ RMB 60/mt (+ $5/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 291,000/mt ($40,649/mt) |
+ RMB 14,000/mt (+ $1,843/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 7.1587
Source: Steelhome