|
Product |
Price |
Price change |
Sales term |
|
45% molybdenum ore (Liaoning) |
RMB 4,290/mt ($597/mt) |
+ RMB 60/mt (+$10/mt) |
Ex-works |
|
FeMo60 ferromolybdenum (Liaoning) |
RMB 288,000/mt ($40,066/mt) |
+ RMB 4,000/mt (+ $625/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 7.1881
Source: Steelhome